Ireland Judgment

Southbank / N-Vision [2015] IECompA m15018 (7 April 2015)

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Professional case brief

Research organized from the available case record

Source document

01

Holding and result

The Commission found that the proposed acquisition would not result in a substantial lessening of competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Court disposition

cleared

Orders

  • The proposed acquisition of sole control of N-Vision B.V. by Southbank Media Limited is cleared under Phase 1.

02

Material facts

Parties

Southbank Media Limited

Acquirer

N-Vision B.V.

Target

Amounts and remedies

  • Notification Date: 20,150,407
  • Decision Date: 20,150,515

03

Procedural history

  1. Posture

    Merger Notification / Decision (phase 1 Clearance)

04

Questions and positions

Legal issues

Whether the proposed acquisition of sole control of N-Vision B.V. by Southbank Media Limited raises competition concerns in the broadcasting sector.

Party arguments

Applicant
The acquisition does not raise competition concerns as the parties operate in different geographic markets and the transaction will not result in a substantial lessening of competition.
Respondent
No objections or adverse arguments from third parties or respondents are recorded.

05

Court’s reasoning

  1. 01

    Competition Act 2002 (Ireland)

    Assessment of mergers under competition law focuses on whether the transaction would substantially lessen competition in any market for goods or services in the State.

06

Ratio, limits and disposition

Ratio decidendi

The Commission found that the proposed acquisition would not result in a substantial lessening of competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Court disposition

cleared

  • The proposed acquisition of sole control of N-Vision B.V. by Southbank Media Limited is cleared under Phase 1.

Source and reliance status

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Judgment text

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Source document

Court record

Judgment

Judgment

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BAILII >> Databases >> Irish Competition Authority Decisions >> Southbank / N-Vision [2015] IECompA m15018 (7 April 2015) URL: https://www.bailii.org/ie/cases/IECompA/2015/m15018.html Cite as: [2015] IECompA m15018 [ New search ] [ Help ] Southbank / N-Vision [2015] IECompA m15018 (7 April 2015) Page Attachment M-15-018 Commission clears acquisition of TVN.pdf (208.33 KB) (208.33 KB) M-15-018 Southbank Media_N-Vision_Public Version.pdf (147.52 KB) (147.52 KB) Transaction details The proposed acquisition of sole control of N-Vision B. V by Southbank Media Limited, a wholly owned subsidiary of Scripps Networks Interactive Inc., has been cleared by the Competition and Consumer Protection Commission. Economic sector Media merger Broadcasting sector specifically the broadcast of audiovisual content. Yes Notification date: Tuesday, April 7, 2015 Parties Involved Business activities Soutbank Media Limited (Scripps Networks Interactive Inc.) Southbank is a wholly subsidiary of Scripps Networks interactive Inc. Scripps is a US headquartered provider of television channels and online content. N-Vision B. V. N-Vision will, prior to completion, directly and indirectly hold a controlling stake in TVN. TVN is a Polish media company. Case Officer Assigned Contact Details Cormac Keating Tel: 01-470 3653, e-mail: cormackeating@ccpc.ie The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is: Phase 1 Tuesday, April 21, 2015 Current status Completed Cleared (Phase 1) Decision date: Friday, May 15, 2015 Competition and Consumer Protection Commission (Ireland) © BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/ie/cases/IECompA/2015/m15018.html

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Authorities

Authorities used by the court

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Competition Act 2002 (Ireland)

Legislation

Legislation referenced in the available case record.

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