Max / IPC [2009] IECompA m09007 (27 March 2009)

Max / IPC [2009] IECompA m09007 (27 March 2009)

The Competition Authority found that the proposed merger would not substantially lessen competition in any market for goods or services in the State.

Parties
Notifying Party: Max Capital Group Ltd.; Notifying Party: IPC Holdings, Ltd.
Jurisdiction
Ireland
Judgment Date
27 March 2009
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared (Phase 1)
Legal Topics
Merger Notification, Insurance Sector, Reinsurance Sector
Competition Law Merger Control Merger Notification Insurance Sector Reinsurance Sector

Case Brief

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Parties

Max Capital Group Ltd.

Notifying Party

IPC Holdings, Ltd.

Notifying Party

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed merger of Max Capital Group Ltd. and IPC Holdings, Ltd. raises competition concerns in the relevant markets.

Ratio Decidendi

The Competition Authority found that the proposed merger would not substantially lessen competition in any market for goods or services in the State.

Court Disposition

Cleared (Phase 1)

Orders

  • The proposed merger is approved without conditions.