LAM / KLA [2016] IECompA m16001 (7 January 2016)
The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the relevant market and therefore cleared the merger.
- Parties
- Acquirer: Lam Research Corporation; Target: KLA-Tencor Corporation
- Jurisdiction
- Ireland
- Judgment Date
- 07 January 2016
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- merger cleared
- Legal Topics
- Merger Control, Semiconductor Industry, Market Competition
Case Brief
Summary, issues, holding and outcome
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Parties
Lam Research Corporation
Acquirer
KLA-Tencor Corporation
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the relevant market
Ratio Decidendi
The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the relevant market and therefore cleared the merger.
Court Disposition
merger cleared
Orders
- The proposed acquisition of KLA-Tencor Corporation by Lam Research Corporation is approved.
Full Case Text
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