M/20/015 - Portlon/ Blackrock (Tullycorbett/Xroon) [2020] IECompA m20015 (29 July 2020)

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in the provision of private hospital services in the State.

Parties: Acquirer: Parma Investments Limited; Target: Blackrock Hospital Limited; Seller: Tullycorbett Limited; Seller: Xroon Limited
Jurisdiction: Ireland
Judgment Date: 29 July 2020
Procedural Posture: Merger Clearance / Final Determination
Outcome: merger cleared
Legal Topics: Merger Control, Acquisition of Shares, Private Healthcare Sector

Competition Law Merger Control Acquisition of Shares Private Healthcare Sector

Case Brief

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Full judgment text Downloadable case file Legal principles 1 Authorities cited 1 Party arguments 2 Amounts and remedies 1

Parties

Parma Investments Limited

Acquirer

Blackrock Hospital Limited

Target

Tullycorbett Limited

Seller

Xroon Limited

Seller

Procedural Posture

Merger Clearance / Final Determination

Legal Issues

1 Whether the proposed acquisition would substantially lessen competition in the provision of private hospital services.

Ratio Decidendi

The Competition and Consumer Protection Commission determined that the proposed acquisition would not substantially lessen competition in the provision of private hospital services in the State.

Court Disposition

merger cleared

Orders

The proposed acquisition by Parma Investments Limited of control of Blackrock Hospital Limited is approved.