Paddy Power / Mulholland Bookmakers | Competition and Consumer Protection Commission [2015] IECompA m15033 (8 July 2015)

Paddy Power / Mulholland Bookmakers | Competition and Consumer Protection Commission [2015] IECompA m15033 (8 July 2015)

The Commission found that the acquisition of six licensed betting offices by Paddy Power from Mulholland Bookmakers would not substantially lessen competition in the relevant market and therefore cleared the transaction under Phase 1 review.

Parties
Acquirer: Paddy Power Bookmakers; Target: Reva Racing Limited trading as Mulholland Bookmakers
Jurisdiction
Ireland
Judgment Date
08 July 2015
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Notification, Acquisition Clearance, Bookmaking Sector
Competition Law Merger Control Merger Notification Acquisition Clearance Bookmaking Sector

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Parties

Paddy Power Bookmakers

Acquirer

Reva Racing Limited trading as Mulholland Bookmakers

Target

Procedural Posture

Merger Notification / Phase 1 Clearance

Legal Issues

  1. 1 Whether the proposed acquisition of six licensed betting offices by Paddy Power from Mulholland Bookmakers would substantially lessen competition in the relevant market.

Ratio Decidendi

The Commission found that the acquisition of six licensed betting offices by Paddy Power from Mulholland Bookmakers would not substantially lessen competition in the relevant market and therefore cleared the transaction under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition is cleared under Section 21(2)(a) of the Competition Act 2002 (as amended).