CVC / Sky Bet [2014] IECompA m14039 (16 December 2014)

CVC / Sky Bet [2014] IECompA m14039 (16 December 2014)

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Parties
Acquirer: CVC Capital Partners Limited; Target: Sky Bet
Jurisdiction
Ireland
Judgment Date
16 December 2014
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Gambling Services, Digital Wallet Services

Case Brief

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Parties

CVC Capital Partners Limited

Acquirer

Sky Bet

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of Sky Bet by CVC Capital Partners would substantially lessen competition in the provision of gambling services and digital wallet and online payment services in Ireland.

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition by CVC Capital Partners of Sky Bet is cleared under Phase 1.