Tedcastles Oil Products (TOP) / Sirio Retail & Property [2016] IECompA m16009 (11 February 2016)

Tedcastles Oil Products (TOP) / Sirio Retail & Property [2016] IECompA m16009 (11 February 2016)

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.

Parties
Acquirer: Tedcastles Oil Products (TOP); Target: Sirio Retail Operations Limited; Target: Sirio Property Company Limited; Asset Seller: Canicula Investments Limited
Jurisdiction
Ireland
Judgment Date
11 February 2016
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Retail Fuel Sector, Market Concentration

Case Brief

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Parties

Tedcastles Oil Products (TOP)

Acquirer

Sirio Retail Operations Limited

Target

Sirio Property Company Limited

Target

Canicula Investments Limited

Asset Seller

Procedural Posture

Merger Control / Phase 1 Clearance

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

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.

Court Disposition

Cleared

Orders

  • The proposed acquisition is cleared unconditionally.