Symantec / PC Tools [2008] IECompA m08027 (1 September 2008)

Symantec / PC Tools [2008] IECompA m08027 (1 September 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 under Phase 1 review.

Parties
Acquirer: Symantec Corporation; Target: PC Tools Holdings Property Limited
Jurisdiction
Ireland
Judgment Date
01 September 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Media Merger, Security Software Market
Competition Law Merger Control Media Merger Security Software Market

Case Brief

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Parties

Symantec Corporation

Acquirer

PC Tools Holdings Property Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of PC Tools Holdings Property Limited by Symantec Corporation would substantially lessen competition in the security software products and services sector in Ireland.

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 under Phase 1 review.

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition of PC Tools Holdings Property Limited by Symantec Corporation is cleared unconditionally.