M/19/018- Connolly Motor / Hyundai Galway [2019] IECompA m19018 (8 August 2019)

M/19/018- Connolly Motor / Hyundai Galway [2019] IECompA m19018 (8 August 2019)

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the motor retail sector and therefore cleared the transaction under Phase 1 review.

Parties
Acquirer: Connolly Bros. Car Sales (Ballybrit) Limited; Target: Langtonville Limited (trading as Hyundai Galway)
Jurisdiction
Ireland
Judgment Date
08 August 2019
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Asset Acquisition, Motor Retail Sector
Competition Law Merger Control Asset Acquisition Motor Retail Sector

Case Brief

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Parties

Connolly Bros. Car Sales (Ballybrit) Limited

Acquirer

Langtonville Limited (trading as Hyundai Galway)

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition would substantially lessen competition in the motor retail sector

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the motor retail sector and therefore cleared the transaction under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition by Connolly Bros. Car Sales (Ballybrit) Limited of certain assets of Langtonville Limited, trading as Hyundai Galway, is cleared.