LGIV/ City Channel [2007] IECompA m07047 (22 August 2007)

LGIV/ City Channel [2007] IECompA m07047 (22 August 2007)

The Competition Authority determined that the proposed investment would not substantially lessen competition in the relevant media sector and cleared the transaction at Phase 1.

Parties
Investor: LGI Ventures BV; Target: City Channel Limited
Jurisdiction
Ireland
Judgment Date
22 August 2007
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Media Merger, Television Broadcasting, Investment Approval

Case Brief

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Parties

LGI Ventures BV

Investor

City Channel Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed investment by LGI Ventures BV in City Channel Limited would substantially lessen competition in the media sector

Ratio Decidendi

The Competition Authority determined that the proposed investment would not substantially lessen competition in the relevant media sector and cleared the transaction at Phase 1.

Court Disposition

Cleared

Orders

  • The proposed investment by LGI Ventures BV in City Channel Limited is approved and may proceed.