Ireland Judgment

CRH/ Ancon [2008] IECompA m08006 (28 February 2008)

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Professional case brief

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Source document

01

Holding and result

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction in Phase 1.

Court disposition

Cleared

Orders

  • The proposed acquisition of the Ancon Group of companies by CRH plc is cleared under Section 21(2)(a) of the Competition Act 2002.

02

Material facts

Parties

CRH plc

Acquirer

Ancon Group of companies

Target

03

Procedural history

  1. Posture

    Merger Notification / Phase 1 Clearance

04

Questions and positions

Legal issues

Whether the proposed acquisition of Ancon Group by CRH plc would substantially lessen competition in any market for goods or services in the State.

Party arguments

Applicant
The acquisition would not result in a substantial lessening of competition in any relevant market.
Respondent
No opposition or adverse submissions from third parties; no respondent argument recorded.

05

Court’s reasoning

  1. 01

    Competition Act 2002 (Ireland)

    A merger or acquisition may only be prohibited if it would substantially lessen competition in any market for goods or services in the State.

06

Ratio, limits and disposition

Ratio decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction in Phase 1.

Court disposition

Cleared

  • The proposed acquisition of the Ancon Group of companies by CRH plc is cleared under Section 21(2)(a) of the Competition Act 2002.

Source and reliance status

Official court record

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Judgment text

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Source document

Court record

Judgment

Judgment

CRH/ Ancon [2008] IECompA m08006 (28 February 2008) [ Home ] [ Databases ] [ World Law ] [ Multidatabase Search ] [ Help ] [ Feedback ] [

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BAILII >> Databases >> Irish Competition Authority Decisions >> CRH/ Ancon [2008] IECompA m08006 (28 February 2008) URL: https://www.bailii.org/ie/cases/IECompA/2008/m08006.html Cite as: [2008] IECompA m08006, [2008] IECompA m8006 [ New search ] [ Help ] CRH/ Ancon [2008] IECompA m08006 (28 February 2008) Page Attachment Determination M08006 CRH-Ancon_0.pdf (79.14 KB) (79.14 KB) Determination M08006 CRH-Ancon.pdf (79.14 KB) (79.14 KB) Transaction details The Proposed acquisition of the Acon Group of companies by CRH plc Economic sector Media merger Construction accessories No Notification date: Thursday, February 28, 2008 Parties Involved Business activities CRH Building materials Ancon Building accesory products Dynochem Ireland Limited Irish Fertiliser Industries Limited Case Officer Assigned Contact Details Ibrahim Bah 01-8045425, ib@tca.ie The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is: Phase 1 Sunday, March 9, 2008 Current status Completed Cleared (Phase 1) Decision date: Wednesday, March 26, 2008 Competition and Consumer Protection Commission (Ireland) © BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/ie/cases/IECompA/2008/m08006.html

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Authorities

Authorities used by the court

Cases, legislation, regulations, and constitutional provisions identified in the available record.

Competition Act 2002 (Ireland)

Legislation

Legislation referenced in the available case record.

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