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
Legal Issues
- 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.
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