M/14/032 - GE / Milestone [2014] IECompA m14032 (12 December 2014)

M/14/032 - GE / Milestone [2014] IECompA m14032 (12 December 2014)

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Section 21(2)(a) of the Competition Act 2002 (as amended).

Parties
Acquirer: GE Capital Aviation Funding; Target: Milestone Aviation Group Limited
Jurisdiction
Ireland
Judgment Date
12 December 2014
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition Clearance
Competition Law Merger Control Acquisition Clearance

Case Brief

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Parties

GE Capital Aviation Funding

Acquirer

Milestone Aviation Group Limited

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Milestone Aviation Group Limited by GE Capital Aviation Funding 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 market for goods or services in the State and therefore cleared the transaction under Section 21(2)(a) of the Competition Act 2002 (as amended).

Court Disposition

cleared

Orders

  • The proposed acquisition by GE Capital Aviation Funding of Milestone Aviation Group Limited is cleared unconditionally.