JPMorgan Chase Bank / Vastera Inc. [2005] IECompA m05003 (4 February 2005)

JPMorgan Chase Bank / Vastera Inc. [2005] IECompA m05003 (4 February 2005)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market in Ireland.

Parties
Acquirer: JPMorgan Chase Bank National Association; Target: Vastera Inc.
Jurisdiction
Ireland
Judgment Date
04 February 2005
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Outcome
merger approved
Legal Topics
Merger Control, Acquisition, Market Impact

Case Brief

Summary, issues, holding and outcome

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Parties

JPMorgan Chase Bank National Association

Acquirer

Vastera Inc.

Target

Procedural Posture

Merger Notification / Preliminary Investigation (phase 1)

  1. 1 Whether the proposed acquisition would substantially lessen competition in the relevant market

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market in Ireland.

Court Disposition

merger approved

Orders

  • The proposed acquisition of Vastera Inc. by JPMorgan Chase Bank National Association is approved.