General Electric Company / Ionics, Inc. [2004] IECompA m04080 (23 December 2004)

General Electric Company / Ionics, Inc. [2004] IECompA m04080 (23 December 2004)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and approved the transaction.

Parties
Acquirer: General Electric Company; Target: Ionics, Inc.; Third Party: University College Dublin; Third Party: The Bank of Ireland
Jurisdiction
Ireland
Judgment Date
23 December 2004
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Outcome
approved
Legal Topics
Merger Control, Water Treatment Sector
Competition Law Merger Control Water Treatment Sector

Case Brief

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Parties

General Electric Company

Acquirer

Ionics, Inc.

Target

University College Dublin

Third Party

The Bank of Ireland

Third Party

Procedural Posture

Merger Notification / Preliminary Investigation (phase 1)

Legal Issues

  1. 1 Whether the proposed acquisition of Ionics, Inc. by General Electric Company would substantially lessen competition in the supply of water purification and wastewater treatment equipment and services in Ireland.

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and approved the transaction.

Court Disposition

approved

Orders

  • The proposed acquisition of Ionics, Inc. by General Electric Company is approved.