CRH/ Ancon [2008] IECompA m08006 (28 February 2008)

CRH/ Ancon [2008] IECompA m08006 (28 February 2008)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction in Phase 1.

Parties
Acquirer: CRH plc; Target: Ancon Group of companies
Jurisdiction
Ireland
Judgment Date
28 February 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition, Market Concentration
Competition Law Merger Control Acquisition Market Concentration

Case Brief

Summary, issues, holding and outcome

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Parties

CRH plc

Acquirer

Ancon Group of companies

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Ancon Group by CRH plc would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction in Phase 1.

Court Disposition

Cleared

Orders

  • The proposed acquisition of the Ancon Group of companies by CRH plc is cleared under Section 21(2)(a) of the Competition Act 2002.