M/18/068 - Blackstone/Taskus [2018] IECompA m18068 (24 September 2018)

M/18/068 - Blackstone/Taskus [2018] IECompA m18068 (24 September 2018)

The Commission found that the acquisition would not significantly impede effective competition and therefore cleared the transaction.

Parties
Acquirer: Blackstone Group L. P.; Target: Taskus Inc.
Jurisdiction
Ireland
Judgment Date
24 September 2018
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Sole Control
Competition Law Merger Control Acquisition Sole Control

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

Blackstone Group L. P.

Acquirer

Taskus Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition by Blackstone Group L. P. of sole control of Taskus Inc. raises competition concerns

Ratio Decidendi

The Commission found that the acquisition would not significantly impede effective competition and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • Acquisition by Blackstone Group L. P. of sole control of Taskus Inc. is approved.