BASF -with- Honeywell (Engineering plastics) [2003] IECompA M03002 (12 February 2003)

BASF -with- Honeywell (Engineering plastics) [2003] IECompA M03002 (12 February 2003)

The transaction does not raise competition concerns and is cleared under Phase 1 review.

Citation
[2003] IECompA M03002
Parties
Acquirer: BASF Corporation USA; Target: Honeywell International Inc.
Jurisdiction
Ireland
Judgment Date
12 February 2003
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Engineering Plastics Sector
Competition Law Merger Control Engineering Plastics Sector

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Sign in to unlock

Parties

BASF Corporation USA

Acquirer

Honeywell International Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Honeywell's engineering plastics business by BASF would substantially lessen competition in the relevant market

Ratio Decidendi

The transaction does not raise competition concerns and is cleared under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition is approved without conditions.