Nikkei / Financial Times [2013] IECompA m13018 (27 May 2013)
The Competition Authority found that the acquisition would not substantially lessen competition in the relevant markets, as Chronicle Group's activities were limited and did not overlap significantly with Ladbrokes' operations.
- Parties
- Acquirer: Ladbrokes plc; Target: Chronicle Group; Other: Chemical International Finance Limited; Other: Irish Life Assurance plc
- Jurisdiction
- Ireland
- Judgment Date
- 27 May 2013
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- Cleared (Phase 1)
- Legal Topics
- Merger Control, Media Merger, Betting and Gaming Industry
Case Brief
Summary, issues, holding and outcome
More case intelligence is available
Unlock the full research layer for this judgment.
Parties
Ladbrokes plc
Acquirer
Chronicle Group
Target
Chemical International Finance Limited
Other
Irish Life Assurance plc
Other
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of Chronicle Group's on-course and telephone betting business by Ladbrokes plc would substantially lessen competition in the relevant markets.
Ratio Decidendi
The Competition Authority found that the acquisition would not substantially lessen competition in the relevant markets, as Chronicle Group's activities were limited and did not overlap significantly with Ladbrokes' operations.
Court Disposition
Cleared (Phase 1)
Orders
- The proposed acquisition of the Chronicle Group's on-course betting business and telephone betting business by Ladbrokes plc is approved.
Full Case Text
Judgment text and source record
Sign in to read
Sign in to read the full judgment text
Sign in to read the full judgment text. Downloads and additional research tools may depend on your plan.
Sign in to read the full judgment