M/05/026 [2005] IECompA m05026 (2 June 2005)

M/05/026 [2005] IECompA m05026 (2 June 2005)

The Authority determined that the proposed acquisition constitutes a media merger within the meaning of Section 23 of the Act and, following a Phase 1 investigation, found no competition concerns warranting prohibition or further investigation.

Parties
Acquirer: Kerry Acquisitions Limited; Target: Midland Radio Group Limited; Shareholder: Rowe Mark Holdings; Shareholder: Peter Holdings; Shareholder: Bally London Shoe Company Limited
Jurisdiction
Ireland
Judgment Date
02 June 2005
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Outcome
approved
Legal Topics
Media Merger, Radio Broadcasting, Merger Control
Competition Law Media Law Media Merger Radio Broadcasting Merger Control

Case Brief

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Parties

Kerry Acquisitions Limited

Acquirer

Midland Radio Group Limited

Target

Rowe Mark Holdings

Shareholder

Peter Holdings

Shareholder

Bally London Shoe Company Limited

Shareholder

Procedural Posture

Merger Notification / Phase 1 Preliminary Investigation

Legal Issues

  1. 1 Whether the proposed acquisition constitutes a media merger under Section 23 of the Act
  2. 2 Whether the merger raises competition concerns in the radio broadcasting sector

Ratio Decidendi

The Authority determined that the proposed acquisition constitutes a media merger within the meaning of Section 23 of the Act and, following a Phase 1 investigation, found no competition concerns warranting prohibition or further investigation.

Court Disposition

approved

Orders

  • The Authority approved the proposed acquisition of Midland Radio Group Limited by Kerry Acquisitions Limited.