Nikkei / Financial Times [2015] IECompA m15047 (20 August 2015)

Nikkei / Financial Times [2015] IECompA m15047 (20 August 2015)

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in Ireland and therefore cleared the merger.

Parties
Acquirer: Nikkei Inc.; Target: Financial Times Group
Jurisdiction
Ireland
Judgment Date
20 August 2015
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
merger cleared
Legal Topics
Merger Control, Media Sector Mergers

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Parties

Nikkei Inc.

Acquirer

Financial Times Group

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition of Financial Times Group by Nikkei Inc. would substantially lessen competition in the media sector in Ireland

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 Ireland and therefore cleared the merger.

Court Disposition

merger cleared

Orders

  • The proposed acquisition of Financial Times Group by Nikkei Inc. is approved.