M/19/005 - FRS Networks/Turas Nua [2019] IECompA m19005 (12 April 2019)
The Commission found that the proposed acquisition would not substantially lessen competition and therefore cleared the transaction.
- Parties
- Acquirer: FRS Business Services Co-Operative Society Limited; Target: Turas Nua Limited; Seller: Working Links (Employment) Limited
- Jurisdiction
- Ireland
- Judgment Date
- 12 April 2019
- Procedural Posture
- Merger Notification / Decision (phase 1 Clearance)
- Outcome
- cleared
- Legal Topics
- Merger Control, Acquisition Clearance
Case Brief
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Parties
FRS Business Services Co-Operative Society Limited
Acquirer
Turas Nua Limited
Target
Working Links (Employment) Limited
Seller
Procedural Posture
Merger Notification / Decision (phase 1 Clearance)
Legal Issues
- 1 Whether the proposed acquisition would substantially lessen competition in the relevant market
Ratio Decidendi
The Commission found that the proposed acquisition would not substantially lessen competition and therefore cleared the transaction.
Court Disposition
cleared
Orders
- Acquisition by FRS Business Services Co-Operative Society Limited of a 50% shareholding in Turas Nua Limited and certain assets of Working Links (Employment) Limited is cleared.
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