Aon / Benfield [2008] IECompA m08031 (6 October 2008)

Aon / Benfield [2008] IECompA m08031 (6 October 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 at Phase 1.

Parties
Acquirer: Aon Corporation; Target: Benfield Group Limited
Jurisdiction
Ireland
Judgment Date
06 October 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Insurance Sector, Reinsurance Distribution
Competition Law Merger Control Insurance Sector Reinsurance Distribution

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Sign in to unlock

Parties

Aon Corporation

Acquirer

Benfield Group Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Benfield Group Limited by Aon Corporation would substantially lessen competition in the market for primary insurance and reinsurance distribution 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 at Phase 1.

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition by Aon Corporation of Benfield Group Limited is cleared unconditionally.