M/16/067 - FUJIFILM Corporation / Wako Pure Chemical Industries, Ltd. [2017] IECompA m16067 (3 February 2017)

M/16/067 - FUJIFILM Corporation / Wako Pure Chemical Industries, Ltd. [2017] IECompA m16067 (3 February 2017)

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 and therefore cleared the transaction.

Parties
Acquirer: FUJIFILM Corporation; Target: Wako Pure Chemical Industries, Ltd.; Seller: Takeda Pharmaceutical Company Limited
Jurisdiction
Ireland
Judgment Date
03 February 2017
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Acquisition of Sole Control
Competition Law Merger Control Acquisition of Sole Control

Case Brief

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Parties

FUJIFILM Corporation

Acquirer

Wako Pure Chemical Industries, Ltd.

Target

Takeda Pharmaceutical Company Limited

Seller

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control by FUJIFILM Corporation over Wako Pure Chemical Industries, Ltd. raises competition concerns in the relevant markets.

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 and therefore cleared the transaction.

Court Disposition

Cleared

Orders

  • The proposed acquisition by FUJIFILM Corporation of sole control of Wako Pure Chemical Industries, Ltd. is cleared.