Toshiba / OCZ [2013] IECompA m13035 (10 December 2013)

Toshiba / OCZ [2013] IECompA m13035 (10 December 2013)

The Competition Authority found that the proposed acquisition of the assets of OCZ Technology Inc. by Toshiba Corporation would not substantially lessen competition in any market in Ireland and therefore cleared the transaction.

Parties
Acquirer: Toshiba Corporation; Target: OCZ Technology Group, Inc.
Jurisdiction
Ireland
Judgment Date
10 December 2013
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Asset Acquisition, Market Competition
Competition Law Merger Control Asset Acquisition Market Competition

Case Brief

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Parties

Toshiba Corporation

Acquirer

OCZ Technology Group, Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of OCZ's assets by Toshiba would substantially lessen competition in any market in Ireland

Ratio Decidendi

The Competition Authority found that the proposed acquisition of the assets of OCZ Technology Inc. by Toshiba Corporation would not substantially lessen competition in any market in Ireland and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition of the assets of OCZ Technology Inc. by Toshiba Corporation is cleared.