M/18/044 - CDC / Netgem / Reunicable (the Oceinde Group) / VITIS (JV) [2018] IECompA m18044 (6 July 2018)

M/18/044 - CDC / Netgem / Reunicable (the Oceinde Group) / VITIS (JV) [2018] IECompA m18044 (6 July 2018)

The Competition and Consumer Protection Commission determined that the proposed joint acquisition of control in VITIS does not raise competition concerns and cleared the transaction in Phase 1.

Parties
Acquirer: La Caisse des Dépôts et Consignations; Acquirer: Netgem S. A.; Acquirer: Réunicable S. A. S. (the Oceinde Group); Target: VITIS
Jurisdiction
Ireland
Judgment Date
06 July 2018
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Joint Venture, Media Sector, Telecommunications
Competition Law Merger Control Joint Venture Media Sector Telecommunications

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2
Sign in to unlock

Parties

La Caisse des Dépôts et Consignations

Acquirer

Netgem S. A.

Acquirer

Réunicable S. A. S. (the Oceinde Group)

Acquirer

VITIS

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed joint acquisition of control in VITIS by CDC, Netgem, and Réunicable complies with Irish competition law and does not substantially lessen competition.

Ratio Decidendi

The Competition and Consumer Protection Commission determined that the proposed joint acquisition of control in VITIS does not raise competition concerns and cleared the transaction in Phase 1.

Court Disposition

Cleared

Orders

  • The proposed acquisition of joint control by la Caisse des Dépôts et Consignations, Netgem S. A. and Réunicable S. A. S. in VITIS is cleared.