M/19/027 - Applied Materials/Kokusai [2019] IECompA m19027 (11 October 2019)

M/19/027 - Applied Materials/Kokusai [2019] IECompA m19027 (11 October 2019)

The Competition and Consumer Protection 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.

Parties
Acquirer: Applied Materials Inc.; Target: Kokusai Electric Corporation
Jurisdiction
Ireland
Judgment Date
11 October 2019
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition of Sole Control, Semiconductor Industry
Competition Law Merger Control Acquisition of Sole Control Semiconductor Industry

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

Applied Materials Inc.

Acquirer

Kokusai Electric Corporation

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control by Applied Materials Inc. over Kokusai Electric Corporation would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition and Consumer Protection 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.

Court Disposition

cleared

Orders

  • The proposed acquisition by Applied Materials Inc. of sole control of Kokusai Electric Corporation is cleared.