M/17/021 - Applegreen/JFT [2017] IECompA m17021 (30 June 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 subject to agreed measures.
- Parties
- Acquirer: Applegreen Public Limited Company; Seller: Topaz Investments Limited; Co Owner: Valero Energy (Ireland) Limited
- Jurisdiction
- Ireland
- Judgment Date
- 30 June 2017
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- cleared with agreed measures
- Legal Topics
- Merger Control, Fuel Distribution, Market Concentration
Case Brief
Summary, issues, holding and outcome
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Parties
Applegreen Public Limited Company
Acquirer
Topaz Investments Limited
Seller
Valero Energy (Ireland) Limited
Co Owner
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of a 50% interest in the Joint Fuels Terminal by Applegreen 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 and therefore cleared the transaction subject to agreed measures.
Court Disposition
cleared with agreed measures
Orders
- The proposed acquisition by Applegreen of a 50% interest in the Joint Fuels Terminal is cleared subject to agreed measures.
Full Case Text
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