Marsh UK Group Limited -with- HSBC Insurance (Non-life insurance distribution and reinsurance distribution) [2010] IECompA M10001 (11 January 2010)

Marsh UK Group Limited -with- HSBC Insurance (Non-life insurance distribution and reinsurance distribution) [2010] IECompA M10001 (11 January 2010)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Citation
[2010] IECompA M10001
Parties
Acquirer: Marsh & McLennan Companies Inc.; Acquirer Subsidiary: MMC UK Group Limited; Target: HSBC Insurance Brokers Limited
Jurisdiction
Ireland
Judgment Date
11 January 2010
Procedural Posture
Merger Control / Phase 1 Clearance
Outcome
cleared
Legal Topics
Merger Notification, Acquisition Clearance, Non Life Insurance Distribution, Reinsurance Distribution

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 Amounts and remedies 1
Sign in to unlock

Parties

Marsh & McLennan Companies Inc.

Acquirer

MMC UK Group Limited

Acquirer Subsidiary

HSBC Insurance Brokers Limited

Target

Procedural Posture

Merger Control / Phase 1 Clearance

  1. 1 Whether the acquisition of HSBC Insurance Brokers Limited by MMC UK Group Limited would substantially lessen competition in the relevant markets.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in the relevant markets and therefore cleared the transaction.

Court Disposition

cleared

Orders

  • The proposed acquisition of HSBC Insurance Brokers Limited by MMC UK Group Limited is cleared.