ExxonMobil Chemical / BP Chemicals [2004] IECompA m04015 (12 March 2004)
The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market for Isopropanol products.
- Parties
- Acquirer: ExxonMobil Chemical Limited; Seller: BP Chemicals
- Jurisdiction
- Ireland
- Judgment Date
- 12 March 2004
- Procedural Posture
- Merger Notification / Preliminary Investigation (phase 1)
- Outcome
- approved
- Legal Topics
- Merger Control, Asset Acquisition
Case Brief
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Parties
ExxonMobil Chemical Limited
Acquirer
BP Chemicals
Seller
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Legal Issues
- 1 Whether the proposed acquisition of BP's Isopropanol assets by ExxonMobil Chemical would substantially lessen competition in the relevant market
Ratio Decidendi
The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market for Isopropanol products.
Court Disposition
approved
Orders
- The proposed acquisition is cleared and may proceed.
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