M/20/018 - Phoenix Tower/Emerald (eir) [2020] IECompA m20018 (7 July 2020)

M/20/018 - Phoenix Tower/Emerald (eir) [2020] IECompA m20018 (7 July 2020)

The 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: Phoenix Tower International Holdco, LLC; Target: Emerald Tower Limited; Seller: Meteor Mobile Holdings Limited (subsidiary of eircom Holdings (Ireland) Limited)
Jurisdiction
Ireland
Judgment Date
07 July 2020
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Wireless Infrastructure, Communications Sector
Competition Law Merger Control Wireless Infrastructure Communications Sector

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Parties

Phoenix Tower International Holdco, LLC

Acquirer

Emerald Tower Limited

Target

Meteor Mobile Holdings Limited (subsidiary of eircom Holdings (Ireland) Limited)

Seller

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control of Emerald Tower Limited by Phoenix Tower International Holdco, LLC would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The 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 Phoenix Tower International Holdco, LLC of sole control of Emerald Tower Limited is cleared.