EirGrid / SONI [2008] IECompA m08028 (10 September 2008)

EirGrid / SONI [2008] IECompA m08028 (10 September 2008)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the transaction in Phase 1.

Parties
Acquirer: EirGrid plc; Target: SONI Limited
Jurisdiction
Ireland
Judgment Date
10 September 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Electricity Market Regulation

Case Brief

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Parties

EirGrid plc

Acquirer

SONI Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition would substantially lessen competition in the operation and management of high voltage electricity and wholesale electricity market

Ratio Decidendi

The Competition Authority found that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the transaction in Phase 1.

Court Disposition

Cleared

Orders

  • The proposed acquisition by EirGrid plc of SONI Limited is cleared under Phase 1.