Collins Stewart/ ISTC [2008] IECompA m08005 (26 February 2008)

Collins Stewart/ ISTC [2008] IECompA m08005 (26 February 2008)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in Ireland.

Parties
Acquirer: Collins Stewart plc; Target: International Securities Trading Corporation plc; Third Party: J Donohoe Ltd; Third Party: Bubble Up International Ltd.
Jurisdiction
Ireland
Judgment Date
26 February 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Financial Services Sector

Case Brief

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Parties

Collins Stewart plc

Acquirer

International Securities Trading Corporation plc

Target

J Donohoe Ltd

Third Party

Bubble Up International Ltd.

Third Party

Procedural Posture

Merger Notification / Phase 1 Clearance

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

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in Ireland.

Court Disposition

Cleared

Orders

  • The proposed acquisition by Collins Stewart plc of International Securities Trading Corporation plc is cleared under Phase 1.