M/18/092 - Form Press Publishing (Iconic)/assets of River Media [2018] IECompA m18092 (28 December 2018)

M/18/092 - Form Press Publishing (Iconic)/assets of River Media [2018] IECompA m18092 (28 December 2018)

The Commission found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Parties
Acquirer: Formpress Publishing Limited; Target: River Media Newspapers Limited
Jurisdiction
Ireland
Judgment Date
28 December 2018
Procedural Posture
Merger Notification / Decision Clearance (phase 1)
Outcome
cleared
Legal Topics
Merger Control, Media Mergers, Acquisition of Assets
Competition Law Media Law Merger Control Media Mergers Acquisition of Assets

Case Brief

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Parties

Formpress Publishing Limited

Acquirer

River Media Newspapers Limited

Target

Procedural Posture

Merger Notification / Decision Clearance (phase 1)

Legal Issues

  1. 1 Whether the proposed acquisition of certain business assets of River Media Newspapers Limited by Formpress Publishing Limited 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 and therefore cleared the transaction under Phase 1 review.

Court Disposition

cleared

Orders

  • The proposed acquisition by Formpress Publishing Limited of certain business assets of River Media Newspapers Limited is cleared.