Goldman / Tifco [2014] IECompA m14031 (30 October 2014)

Goldman / Tifco [2014] IECompA m14031 (30 October 2014)

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in the hotel accommodation sector in Ireland and therefore cleared the transaction at Phase 1.

Parties
Acquirer: The Goldman Sachs Group, Inc. (through Goldman Sachs International); Target: Tifco Limited
Jurisdiction
Ireland
Judgment Date
30 October 2014
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Hotel Sector, Media Merger
Competition Law Merger Control Hotel Sector Media Merger

Case Brief

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Parties

The Goldman Sachs Group, Inc. (through Goldman Sachs International)

Acquirer

Tifco Limited

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Tifco Limited by The Goldman Sachs Group, Inc. through Goldman Sachs International would substantially lessen competition in the hotel accommodation sector in Ireland.

Ratio Decidendi

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in the hotel accommodation sector in Ireland and therefore cleared the transaction at Phase 1.

Court Disposition

Cleared

Orders

  • The proposed acquisition by The Goldman Sachs Group, Inc., through Goldman Sachs International, of Tifco Limited is cleared.