ThyssenKrupp / Alcoa (ENAAS Business Activities) [2006] IECompA m06055 (17 August 2006)
The Competition Authority 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 under Phase 1 review.
- Parties
- Acquirer: ThyssenKrupp AG; Target: Alcoa Inc
- Jurisdiction
- Ireland
- Judgment Date
- 17 August 2006
- Procedural Posture
- Merger Notification / Phase 1 Clearance
- Outcome
- Cleared
- Legal Topics
- Merger Notification, Aerospace Industry, Market Concentration
Case Brief
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Parties
ThyssenKrupp AG
Acquirer
Alcoa Inc
Target
Procedural Posture
Merger Notification / Phase 1 Clearance
Legal Issues
- 1 Whether the proposed acquisition of the European and North American Aerospace Service Business Activities of Alcoa Inc by ThyssenKrupp AG would substantially lessen competition in any market for goods or services in the State.
Ratio Decidendi
The Competition Authority 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 under Phase 1 review.
Court Disposition
Cleared
Orders
- The proposed acquisition by ThyssenKrupp AG of the European and North American Aerospace Service Business Activities of Alcoa Inc is cleared unconditionally.
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