Universal/ Sparrowhawk [2007] IECompA m07050 (4 September 2007)
The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
- Parties
- Acquirer: Universal Pictures Holdings UK Limited; Target: Sparrowhawk Holdings Limited; Stakeholder: Irish Life Assurance plc; Stakeholder: Irish Life Finance Group; Stakeholder: Irish Life Finance Ltd; Stakeholder: Irish Intercontinental Bank Ltd
- Jurisdiction
- Ireland
- Judgment Date
- 04 September 2007
- Procedural Posture
- Merger Notification / Phase 1 Decision
- Outcome
- approved
- Legal Topics
- Merger Control, Media Sector, Acquisition
Case Brief
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Parties
Universal Pictures Holdings UK Limited
Acquirer
Sparrowhawk Holdings Limited
Target
Irish Life Assurance plc
Stakeholder
Irish Life Finance Group
Stakeholder
Irish Life Finance Ltd
Stakeholder
Irish Intercontinental Bank Ltd
Stakeholder
Procedural Posture
Merger Notification / Phase 1 Decision
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the media sector
Ratio Decidendi
The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
Court Disposition
approved
Orders
- The proposed acquisition by Universal Pictures Holdings UK Ltd. of Sparrowhawk Holdings Limited is approved.
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