Future / Wrapports / Aggrego [2014] IECompA m14003 (27 January 2014)

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)

  1. 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.