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
Legal Issues
- 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.
Full Case Text
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