Future / Wrapports / Aggrego [2014] IECompA m14003 (27 January 2014)
The Competition Authority found that the proposed acquisition of joint control of Aggrego Services LLC by Future Holdings Limited and Wrapports Ventures LLC would not substantially lessen competition in the relevant market and therefore cleared the transaction.
- Parties
- Acquirer: Future Holdings Limited; Acquirer: Wrapports Ventures LLC; Target: Aggrego Services LLC
- Jurisdiction
- Ireland
- Judgment Date
- 27 January 2014
- Procedural Posture
- Merger Control / Clearance Decision (phase 1)
- Outcome
- cleared
- Legal Topics
- Merger Control, Media Mergers, Online Advertising Market
Case Brief
Summary, issues, holding and outcome
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Parties
Future Holdings Limited
Acquirer
Wrapports Ventures LLC
Acquirer
Aggrego Services LLC
Target
Procedural Posture
Merger Control / Clearance Decision (phase 1)
Legal Issues
- 1 Whether the proposed joint acquisition of Aggrego Services LLC by Future Holdings Limited and Wrapports Ventures LLC would substantially lessen competition in the relevant market.
Ratio Decidendi
The Competition Authority found that the proposed acquisition of joint control of Aggrego Services LLC by Future Holdings Limited and Wrapports Ventures LLC would not substantially lessen competition in the relevant market and therefore cleared the transaction.
Court Disposition
cleared
Orders
- The proposed acquisition of joint control of Aggrego Services LLC by Future Holdings Limited and Wrapports Ventures LLC is cleared.
Full Case Text
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