Chevron / Texoil [2009] IECompA m09008 (27 March 2009)

Chevron / Texoil [2009] IECompA m09008 (27 March 2009)

The Competition Authority determined that the acquisition by Chevron (Ireland) Limited of sole control of Texoil Limited does not raise competition concerns and is therefore cleared under Phase 1 review.

Parties
Acquirer: Chevron (Ireland) Limited; Target: Texoil Limited
Jurisdiction
Ireland
Judgment Date
27 March 2009
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Control, Acquisition of Sole Control, Distribution of Petroleum Products
Competition Law Merger Control Acquisition of Sole Control Distribution of Petroleum Products

Case Brief

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Parties

Chevron (Ireland) Limited

Acquirer

Texoil Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the acquisition by Chevron (Ireland) Limited of sole control of Texoil Limited would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition Authority determined that the acquisition by Chevron (Ireland) Limited of sole control of Texoil Limited does not raise competition concerns and is therefore cleared under Phase 1 review.

Court Disposition

Cleared (Phase 1)

Orders

  • The acquisition by Chevron (Ireland) Limited of sole control of Texoil Limited is approved.