Abbott Laboratories _ TheraSense (Health Care) [2004] IECompA M04006 (26 January 2004)

Abbott Laboratories _ TheraSense (Health Care) [2004] IECompA M04006 (26 January 2004)

The transaction did not raise competition concerns and was cleared following preliminary investigation.

Citation
[2004] IECompA M04006
Parties
Acquirer: Abbott Laboratories; Target: TheraSense, Inc
Jurisdiction
Ireland
Judgment Date
26 January 2004
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Outcome
approved
Legal Topics
Merger Control, Health Care Sector
Competition Law Merger Control Health Care Sector

Case Brief

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Parties

Abbott Laboratories

Acquirer

TheraSense, Inc

Target

Procedural Posture

Merger Notification / Preliminary Investigation (phase 1)

Legal Issues

  1. 1 Whether the proposed acquisition of TheraSense, Inc by Abbott Laboratories raises competition concerns under Irish merger control law

Ratio Decidendi

The transaction did not raise competition concerns and was cleared following preliminary investigation.

Court Disposition

approved

Orders

  • The merger between Abbott Laboratories and TheraSense, Inc is cleared.