General Electric (NCB) / Business News (CNBC) [2005] IECompA m05053 (19 August 2005)
The proposed acquisition does not raise competition concerns in the relevant markets and is therefore compatible with Irish competition law.
- Parties
- Acquirer: General Electric Company (through NBC Universal, Inc.); Seller: Dow Jones & Company and its affiliated companies; Target: Business News (Europe) Partnership (CNBC Europe); Target: Business News (Asia) pte (CNBC Asia); Target: CNBC World LLC (CNBC World)
- Jurisdiction
- Ireland
- Judgment Date
- 19 August 2005
- Procedural Posture
- Merger Notification / Phase 1 Preliminary Investigation
- Outcome
- approved
- Legal Topics
- Merger Control, Media Sector Mergers
Case Brief
Summary, issues, holding and outcome
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Parties
General Electric Company (through NBC Universal, Inc.)
Acquirer
Dow Jones & Company and its affiliated companies
Seller
Business News (Europe) Partnership (CNBC Europe)
Target
Business News (Asia) pte (CNBC Asia)
Target
CNBC World LLC (CNBC World)
Target
Procedural Posture
Merger Notification / Phase 1 Preliminary Investigation
Legal Issues
- 1 Whether the proposed acquisition by General Electric (NBC Universal) of CNBC Europe, CNBC Asia, and CNBC World from Dow Jones & Company is compatible with competition law requirements in Ireland.
Ratio Decidendi
The proposed acquisition does not raise competition concerns in the relevant markets and is therefore compatible with Irish competition law.
Court Disposition
approved
Orders
- The proposed acquisition is cleared and may proceed.
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