Zenith / Phillips 66 [2014] IECompA m14030 (28 October 2014)
The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any relevant market and therefore cleared the transaction.
- Parties
- Acquirer: Zenith Energy Ireland Limited; Target: Phillips 66 Bantry Bay Terminal Limited
- Jurisdiction
- Ireland
- Judgment Date
- 28 October 2014
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- cleared
- Legal Topics
- Merger Control, Acquisition, Market Competition
Case Brief
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Parties
Zenith Energy Ireland Limited
Acquirer
Phillips 66 Bantry Bay Terminal Limited
Target
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State.
Ratio Decidendi
The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any relevant market and therefore cleared the transaction.
Court Disposition
cleared
Orders
- The proposed acquisition by Zenith Energy Ireland Limited of Phillips 66 Bantry Bay Terminal Limited is cleared under Irish merger control law.
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