M/18/064 - Cover-More Australia (Zurich)/Blue Insurance [2018] IECompA m18064 (17 September 2018)
The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State.
- Parties
- Acquirer: Cover-More Australia Pty Ltd (Zurich Group); Target: Blue Insurance Limited; Target Subsidiary: Blue Insurances Australia Pty Limited
- Jurisdiction
- Ireland
- Judgment Date
- 17 September 2018
- Procedural Posture
- Merger Control / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Control, Insurance Sector, Market Concentration
Case Brief
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Parties
Cover-More Australia Pty Ltd (Zurich Group)
Acquirer
Blue Insurance Limited
Target
Blue Insurances Australia Pty Limited
Target Subsidiary
Procedural Posture
Merger Control / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in any market for goods or services in the State.
Ratio Decidendi
The Commission found 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 and may proceed.
Full Case Text
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