Stena -with- P&O (Ferry Services) [2004] IECompA M04016 (19 March 2004)

Stena -with- P&O (Ferry Services) [2004] IECompA M04016 (19 March 2004)

The acquisition was cleared as it did not substantially lessen competition, subject to agreed measures.

Citation
[2004] IECompA M04016
Parties
Acquirer: Stena AB; Target: Peninsular and Oriental Steam Navigation Company (P&O)
Jurisdiction
Ireland
Judgment Date
19 March 2004
Procedural Posture
Merger Notification / Phase 1 Clearance With Agreed Measures
Outcome
Cleared with agreed measures
Legal Topics
Asset Acquisition, Ferry Services, Irish Sea Routes
Competition Law Merger Control Asset Acquisition Ferry Services Irish Sea Routes

Case Brief

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Parties

Stena AB

Acquirer

Peninsular and Oriental Steam Navigation Company (P&O)

Target

Procedural Posture

Merger Notification / Phase 1 Clearance With Agreed Measures

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in ferry services between Larne and Fleetwood, and Dublin and Mostyn

Ratio Decidendi

The acquisition was cleared as it did not substantially lessen competition, subject to agreed measures.

Court Disposition

Cleared with agreed measures

Orders

  • Acquisition approved subject to agreed measures to address competition concerns