M/20/039 - Cube Telecom/GTT Communications [2021] IECompA m20039 (14 January 2021)

M/20/039 - Cube Telecom/GTT Communications [2021] IECompA m20039 (14 January 2021)

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the transaction.

Parties
Acquirer: Cube Telecom Europe BidCo Limited; Target: GTT Communications Group
Jurisdiction
Ireland
Judgment Date
14 January 2021
Procedural Posture
Merger Notification / Decision
Outcome
merger cleared
Legal Topics
Merger Control, Telecommunications Sector

Case Brief

Summary, issues, holding and outcome

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Parties

Cube Telecom Europe BidCo Limited

Acquirer

GTT Communications Group

Target

Procedural Posture

Merger Notification / Decision

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

Ratio Decidendi

The Competition and Consumer Protection Commission found that the proposed acquisition would not substantially lessen competition in the relevant market and cleared the transaction.

Court Disposition

merger cleared

Orders

  • The proposed acquisition by Cube Telecom Europe BidCo Limited of the network infrastructure business from GTT Communications Group is approved.