McKesson / Celesio [2013] IECompA m13030 (24 October 2013)

McKesson / Celesio [2013] IECompA m13030 (24 October 2013)

The Competition Authority found that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State, as the parties' activities do not significantly overlap in Ireland.

Parties
Acquirer: McKesson Corporation; Target: Celesio A.G.
Jurisdiction
Ireland
Judgment Date
24 October 2013
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Notification, Market Concentration, Pharmaceutical Sector
Competition Law Merger Control Merger Notification Market Concentration Pharmaceutical Sector

Case Brief

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Parties

McKesson Corporation

Acquirer

Celesio A.G.

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of Celesio A.G. by McKesson Corporation would substantially lessen competition in the relevant markets.

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, as the parties' activities do not significantly overlap in Ireland.

Court Disposition

Cleared

Orders

  • The proposed acquisition of Celesio A.G. by McKesson Corporation is cleared unconditionally.