Independent / PropertyNews [2006] IECompA m06021 (6 April 2006)
The proposed acquisition does not raise competition concerns and is cleared unconditionally at Phase 1.
- Parties
- Acquirer: Independent News and Media Limited; Target: Property News Limited; Other: AIB Investment Managers Ltd; Other: O'Gorman Group; Other: Zanatti Investments Ltd; Other: Business and Trading House Investment Company Ltd; Other: Erin Executor & Trustee Co Ltd; Other: Prince of Wales Hotel Ltd
- Jurisdiction
- Ireland
- Judgment Date
- 06 April 2006
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Media Mergers
Case Brief
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Parties
Independent News and Media Limited
Acquirer
Property News Limited
Target
AIB Investment Managers Ltd
Other
O'Gorman Group
Other
Zanatti Investments Ltd
Other
Business and Trading House Investment Company Ltd
Other
Erin Executor & Trustee Co Ltd
Other
Prince of Wales Hotel Ltd
Other
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the relevant media and publishing markets.
Ratio Decidendi
The proposed acquisition does not raise competition concerns and is cleared unconditionally at Phase 1.
Court Disposition
Cleared
Orders
- The proposed acquisition is approved without conditions.
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