J.P. Morgan Ventures Energy Corporation / EcoSecurities [2009] IECompA m09019 (24 September 2009)

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: J. P. Morgan Ventures Energy Corporation; Acquirer Subsidiary: Carbon Acquisition Company Ltd.; Target: EcoSecurities Group plc
Jurisdiction: Ireland
Judgment Date: 24 September 2009
Procedural Posture: Merger Notification / Phase 1 Clearance
Outcome: Cleared
Legal Topics: Merger Control, Carbon Credits Trading

Competition Law Merger Control Carbon Credits Trading

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 Amounts and remedies 2

Parties

J. P. Morgan Ventures Energy Corporation

Acquirer

Carbon Acquisition Company Ltd.

Acquirer Subsidiary

EcoSecurities Group plc

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

1 Whether the proposed acquisition of EcoSecurities Group plc by Carbon Acquisition Company Ltd. raises competition concerns in the relevant 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 of EcoSecurities Group plc by Carbon Acquisition Company Ltd. is cleared under Phase 1.