Verizon Business/ Cybertrust [2007] IECompA m07024 (15 May 2007)

Verizon Business/ Cybertrust [2007] IECompA m07024 (15 May 2007)

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as the parties' activities are largely complementary and sufficient competition remains post-transaction.

Parties
Acquirer: Verizon Business Global LLC; Target: Cybertrust Holdings Inc.
Jurisdiction
Ireland
Judgment Date
15 May 2007
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Notification, Acquisition, Market Impact, Security Services
Competition Law Merger Control Merger Notification Acquisition Market Impact Security Services

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 2
Sign in to unlock

Parties

Verizon Business Global LLC

Acquirer

Cybertrust Holdings Inc.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the acquisition of Cybertrust Holdings Inc. by Verizon Business Global LLC would substantially lessen competition in any market for goods or services in the State.

Ratio Decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as the parties' activities are largely complementary and sufficient competition remains post-transaction.

Court Disposition

Cleared (Phase 1)

Orders

  • The acquisition of Cybertrust Holdings Inc. by Verizon Business Global LLC is approved unconditionally.