Rabobank / Achmea [2005] IECompA m05063 (22 September 2005)

Rabobank / Achmea [2005] IECompA m05063 (22 September 2005)

The Competition Authority found that the proposed joint venture did not raise competition concerns and would not substantially lessen competition in the relevant markets.

Parties
Applicant: Rabobank; Respondent: Achmea
Jurisdiction
Ireland
Judgment Date
22 September 2005
Procedural Posture
Merger Notification / Preliminary Investigation (phase 1)
Outcome
approved
Legal Topics
Merger Control, Joint Venture, Insurance Sector
Competition Law Merger Control Joint Venture Insurance Sector

Case Brief

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Parties

Rabobank

Applicant

Achmea

Respondent

Procedural Posture

Merger Notification / Preliminary Investigation (phase 1)

Legal Issues

  1. 1 Whether the proposed joint venture between Rabobank and Achmea, involving the transfer of Interpolis N.V. to Eureko B.V., raises competition concerns under Irish merger control law

Ratio Decidendi

The Competition Authority found that the proposed joint venture did not raise competition concerns and would not substantially lessen competition in the relevant markets.

Court Disposition

approved

Orders

  • The proposed joint venture between Rabobank and Achmea is cleared under Irish competition law.