Morgan Stanley / Lloyds TSB (The Goldfish Business) [2006] IECompA m06004 (20 January 2006)

Morgan Stanley / Lloyds TSB (The Goldfish Business) [2006] IECompA m06004 (20 January 2006)

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

Parties
Acquirer: Morgan Stanley Bank International Limited; Target: Lloyds TSB (The Goldfish Business); Other: First National Bakery Co. Ltd
Jurisdiction
Ireland
Judgment Date
20 January 2006
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Financial Services, Credit Card Business
Competition Law Merger Control Financial Services Credit Card Business

Case Brief

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Parties

Morgan Stanley Bank International Limited

Acquirer

Lloyds TSB (The Goldfish Business)

Target

First National Bakery Co. Ltd

Other

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  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 the relevant market and cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition by Morgan Stanley Bank International Limited of the Goldfish Business of Lloyds TSB is cleared.