Nikkei / Financial Times [2015] IECompA m15024 (21 May 2015)

Nikkei / Financial Times [2015] IECompA m15024 (21 May 2015)

The Commission found that the acquisition would not substantially lessen competition in the relevant market and therefore cleared the transaction.

Parties
Acquirer: Petrogas Group Limited; Target: Knockmitten Petroleum Limited
Jurisdiction
Ireland
Judgment Date
21 May 2015
Procedural Posture
Merger Clearance / Phase 1 Determination
Outcome
Cleared
Legal Topics
Merger Control, Retail Fuel Sector

Case Brief

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Parties

Petrogas Group Limited

Acquirer

Knockmitten Petroleum Limited

Target

Procedural Posture

Merger Clearance / Phase 1 Determination

  1. 1 Whether the proposed acquisition would substantially lessen competition in the relevant market

Ratio Decidendi

The Commission found that the acquisition would not substantially lessen competition in the relevant market and therefore cleared the transaction.

Court Disposition

Cleared

Orders

  • Acquisition by Petrogas Group Limited of Knockmitten Petroleum Limited is approved.