M/20/019 - Experience Technology/CG Power [2020] IECompA m20019 (21 July 2020)

M/20/019 - Experience Technology/CG Power [2020] IECompA m20019 (21 July 2020)

The Commission determined 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: Experience Technology Nominees Limited; Target: CG Power Systems Ireland Limited
Jurisdiction
Ireland
Judgment Date
21 July 2020
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Control, Acquisition, Sole Control, Clearance
Competition Law Merger Control Acquisition Sole Control Clearance

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

Experience Technology Nominees Limited

Acquirer

CG Power Systems Ireland Limited

Target

Procedural Posture

Merger Control / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of sole control of CG Power Systems Ireland Limited by Experience Technology Nominees Limited raises competition concerns under Irish competition law

Ratio Decidendi

The Commission determined 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 Experience Technology Nominees Limited of sole control of CG Power Systems Ireland Limited is cleared.