Club Travel -with- Budget Travel (In Liquidation) (The Travel Sector) [2010] IECompA M10003 (22 January 2010)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the travel sector and therefore cleared the transaction.

Citation: [2010] IECompA M10003
Parties: Acquirer: Club Travel Limited; Target: Budget Travel Limited (In Liquidation); Liquidator: Liquidator of Budget Travel Limited
Jurisdiction: Ireland
Judgment Date: 22 January 2010
Procedural Posture: Merger Notification / Phase 1 Clearance
Outcome: cleared
Legal Topics: Merger Control, Asset Acquisition, Travel Sector

Competition Law Corporate Law Merger Control Asset Acquisition Travel Sector

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Parties

Club Travel Limited

Acquirer

Budget Travel Limited (In Liquidation)

Target

Liquidator of Budget Travel Limited

Liquidator

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

1 Whether the proposed acquisition of certain assets of Budget Travel Limited (In Liquidation) by Club Travel Limited should be cleared under Irish competition law

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the travel sector and therefore cleared the transaction.

Court Disposition

cleared

Orders

The proposed acquisition by Club Travel Limited of certain assets of Budget Travel Limited (In Liquidation) is cleared.