Micron Technology / Lexar Media [2006] IECompA m06022 (7 April 2006)

Micron Technology / Lexar Media [2006] IECompA m06022 (7 April 2006)

The proposed acquisition does not raise competition concerns as the parties are not significant competitors in the same relevant product or geographic markets. The transaction is cleared under Phase 1 review.

Parties
Acquirer: Micron Technology Inc.; Target: Lexar Media, Inc.
Jurisdiction
Ireland
Judgment Date
07 April 2006
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Notification, Media Merger, Semiconductor Industry, Storage Devices
Competition Law Merger Control Merger Notification Media Merger Semiconductor Industry Storage Devices

Case Brief

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Parties

Micron Technology Inc.

Acquirer

Lexar Media, Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Lexar Media, Inc. by Micron Technology Inc. would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The proposed acquisition does not raise competition concerns as the parties are not significant competitors in the same relevant product or geographic markets. The transaction is cleared under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition of Lexar Media, Inc. by Micron Technology Inc. is approved without conditions.