Barclays -with- Antler (Financial Services _ Luggage) [2004] IECompA M04029 (06 May 2004)

The Competition Authority found no evidence that the proposed merger would substantially lessen competition in the financial services or luggage sectors.

Citation: [2004] IECompA M04029
Parties: Acquirer: Barclays plc; Acquirer Subsidiary: Barclays Private Equity Limited; Target: Antler
Jurisdiction: Ireland
Judgment Date: 06 May 2004
Procedural Posture: Merger Notification / Preliminary Investigation (phase 1)
Outcome: approved
Legal Topics: Merger Control, Financial Services, Luggage Sector

Competition Law Merger Control Financial Services Luggage Sector

Case Brief

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Parties

Barclays plc

Acquirer

Barclays Private Equity Limited

Acquirer Subsidiary

Antler

Target

Procedural Posture

Merger Notification / Preliminary Investigation (phase 1)

Legal Issues

1 Whether the proposed acquisition by Barclays plc through Barclays Private Equity Limited of Antler raises competition concerns

Ratio Decidendi

The Competition Authority found no evidence that the proposed merger would substantially lessen competition in the financial services or luggage sectors.

Court Disposition

approved

Orders

The merger is cleared and may proceed.