Ireland Judgment

RDF / Cyrte [2008] IECompA m08037 (10 December 2008)

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Source document

01

Holding and result

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Court disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition of control over RDF Media Group by Cyrte Investments BV is approved.

02

Material facts

Parties

Cyrte Investments BV

Acquirer

RDF Media Group plc

Target

Amounts and remedies

  • Notification Date: 20,081,210
  • Decision Date: 20,090,106

03

Procedural history

  1. Posture

    Merger Notification / Phase 1 Clearance

04

Questions and positions

Legal issues

Whether the proposed acquisition of control over RDF Media Group by Cyrte Investments BV would substantially lessen competition in the relevant market

Party arguments

Applicant
The acquisition would not result in a substantial lessening of competition in the production and distribution of television programming.
Respondent
No objections or adverse arguments from third parties or respondents are recorded.

05

Court’s reasoning

  1. 01

    Irish Competition Act and relevant EU merger regulations

    Assessment of mergers under competition law to determine if a transaction would substantially lessen competition.

06

Ratio, limits and disposition

Ratio decidendi

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Court disposition

Cleared (Phase 1)

  • The proposed acquisition of control over RDF Media Group by Cyrte Investments BV is approved.

Source and reliance status

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Judgment text

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Judgment

Judgment

RDF / Cyrte [2008] IECompA m08037 (10 December 2008) [ Home ] [ Databases ] [ World Law ] [ Multidatabase Search ] [ Help ] [ Feedback ] [

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BAILII >> Databases >> Irish Competition Authority Decisions >> RDF / Cyrte [2008] IECompA m08037 (10 December 2008) URL: https://www.bailii.org/ie/cases/IECompA/2008/m08037.html Cite as: [2008] IECompA m8037, [2008] IECompA m08037 [ New search ] [ Help ] RDF / Cyrte [2008] IECompA m08037 (10 December 2008) Page Attachment M08037-Cyrte-RDF.public_0.pdf (69.19 KB) (69.19 KB) M08037-Cyrte-RDF.public.pdf (69.19 KB) (69.19 KB) Transaction details The Proposed acquisition of control over RDF Media Group by Cyrte Investments BV. Economic sector Media merger The production and distribution of television programming. No Notification date: Wednesday, December 10, 2008 Parties Involved Business activities Canada Dry Corporation Limited and Cantrell Cochrane Group Limited expired is a Netherlands based investment firm and acts as the investment manager to several private investment funds, with investments in both listed and un-listed companies. Cyrte Investments BV is an independent television production and rights group. RDF creates and produces television programmes of a variety of genres, principally in the United Kingdom and the United States, which it distributes and exploits principally in the United Kingdom, but also worldwide. RDF Media Group plc Case Officer Assigned Contact Details Ms. Victoria Balageur Tel:01-804 5451, email: vb@tca.ie The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is: Phase 1 Sunday, December 21, 2008 Current status Completed Cleared (Phase 1) Decision date: Tuesday, January 6, 2009 Competition and Consumer Protection Commission (Ireland) © BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback | Donate to BAILII URL: https://www.bailii.org/ie/cases/IECompA/2008/m08037.html

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Irish Competition Act

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