M/16/042 - Molex (Koch Industries) / Phillips-Medisize Corporation [2016] IECompA m16042 (3 October 2016)
The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.
- Parties
- Acquirer: Molex, LLC (Koch Industries, Inc.); Target: Pantheon TopCo, Inc / Phillips-Medisize Corporation
- Jurisdiction
- Ireland
- Judgment Date
- 03 October 2016
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Acquisition, Market Concentration
Case Brief
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Parties
Molex, LLC (Koch Industries, Inc.)
Acquirer
Pantheon TopCo, Inc / Phillips-Medisize Corporation
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the acquisition by Molex of sole control over Phillips-Medisize raises competition concerns under Irish merger control law
Ratio Decidendi
The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction.
Court Disposition
Cleared
Orders
- The proposed transaction is cleared under Irish merger control law.
Full Case Text
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