Benchmark Europe II / Setanta Sport [2005] IECompA m05072 (18 November 2005)
The proposed acquisition does not raise competition concerns as the parties operate in complementary sectors and there is no overlap that would substantially lessen competition in any relevant market.
- Parties
- Acquirer: Benchmark Europe II, L.P.; Target: Setanta Sport Holdings Limited; Other: Murphy Brewery Ireland Ltd; Other: Clada Soft Drinks Ltd
- Jurisdiction
- Ireland
- Judgment Date
- 18 November 2005
- Procedural Posture
- Merger Notification / Phase 1 Preliminary Investigation
- Outcome
- approved
- Legal Topics
- Media Mergers, TV Broadcasting, Share Acquisition
Case Brief
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Parties
Benchmark Europe II, L.P.
Acquirer
Setanta Sport Holdings Limited
Target
Murphy Brewery Ireland Ltd
Other
Clada Soft Drinks Ltd
Other
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Legal Issues
- 1 Whether the proposed acquisition of shares in Setanta Sport Holdings Limited by Benchmark Europe II, L.P. raises competition concerns under Irish merger control law.
Ratio Decidendi
The proposed acquisition does not raise competition concerns as the parties operate in complementary sectors and there is no overlap that would substantially lessen competition in any relevant market.
Court Disposition
approved
Orders
- The proposed acquisition is cleared and may proceed.
Full Case Text
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