M/19/013 - World Travel Centre Core Travel [2019] IECompA m19013 (10 July 2019)

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 as it will not substantially lessen competition in the relevant market.

Parties: Acquirer: World Travel Centre Holdings Limited; Target: Core Travel Limited
Jurisdiction: Ireland
Judgment Date: 10 July 2019
Procedural Posture: Merger Clearance / Phase 1 Decision
Outcome: cleared
Legal Topics: Merger Control, Travel Agency Services

Competition Law Merger Control Travel Agency Services

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Parties

World Travel Centre Holdings Limited

Acquirer

Core Travel Limited

Target

Procedural Posture

Merger Clearance / Phase 1 Decision

Legal Issues

1 Whether the proposed acquisition of Core Travel Limited by World Travel Centre Holdings Limited would substantially lessen competition in the travel agency services sector in the State and United Kingdom.

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 as it will not substantially lessen competition in the relevant market.

Court Disposition

cleared

Orders

The proposed acquisition of Core Travel Limited by World Travel Centre Holdings Limited is cleared.