Ireland Judgment

Sony/Sony NEC Optiarc [2008] IECompA m08033 (29 October 2008)

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Professional case brief

Research organized from the available case record

Source document

01

Holding and result

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Court disposition

Cleared (Phase 1)

Orders

  • The proposed acquisition of sole control of Sony NEC Optiarc Inc by Sony Corporation is cleared.

02

Material facts

Parties

Sony Corporation

Acquirer

Sony NEC Optiarc Inc

Target

Amounts and remedies

  • Notification Date: 20,081,029
  • Decision Date: 20,081,119

03

Procedural history

  1. Posture

    Merger Notification / Phase 1 Determination

04

Questions and positions

Legal issues

Whether the proposed acquisition of sole control of Sony NEC Optiarc Inc by Sony Corporation would substantially lessen competition in any market for goods or services in the State.

Party arguments

Applicant
The acquisition would not substantially lessen competition as Sony and Sony NEC Optiarc operate in complementary areas and the transaction would not result in horizontal overlaps or vertical concerns.
Respondent
No objections or adverse arguments from third parties or the respondent were recorded.

05

Court’s reasoning

  1. 01

    Competition Act 2002 (Ireland)

    A merger or acquisition is prohibited if it would substantially lessen competition in any market for goods or services in the State.

06

Ratio, limits and disposition

Ratio decidendi

The Competition Authority determined that the proposed acquisition would not substantially lessen competition in any market for goods or services in the State and therefore cleared the transaction under Phase 1 review.

Court disposition

Cleared (Phase 1)

  • The proposed acquisition of sole control of Sony NEC Optiarc Inc by Sony Corporation is cleared.

Source and reliance status

Official court record

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Judgment text

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Source document

Court record

Judgment

Judgment

Sony/Sony NEC Optiarc [2008] IECompA m08033 (29 October 2008) [ Home ] [ Databases ] [ World Law ] [ Multidatabase Search ] [ Help ] [ Feedback ] [

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BAILII >> Databases >> Irish Competition Authority Decisions >> Sony/Sony NEC Optiarc [2008] IECompA m08033 (29 October 2008) URL: https://www.bailii.org/ie/cases/IECompA/2008/m08033.html Cite as: [2008] IECompA m8033, [2008] IECompA m08033 [ New search ] [ Help ] Sony/Sony NEC Optiarc [2008] IECompA m08033 (29 October 2008) Page Attachment M _08_033 - determination Public_0.pdf (64.1 KB) (64.1 KB) Transaction details The proposed acquisition of sole control of Sony NEC Optiarc Inc by Sony Corporation Economic sector Media merger Electronic products No Notification date: Wednesday, October 29, 2008 Parties Involved Business activities Jas Hennessy & Co. Ltd Edward Dillon & Co. Ltd Sony is active in the manufacturing and commercialisation of electronic consumer products and electronic componants Sony Corporation Sony NEC Optiarc is active in the development, design, manufacturing (through subcontracting to third parties), marketing and sales of optical disk drives Sony NEC Optiarc Inc Case Officer Assigned Contact Details Barry O'Donnell Tel: 01-8045396, email:bod@tca.ie The deadline for any third parties who wish to make submissions regarding the competition aspects of this merger is: Phase 1 Friday, November 14, 2008 Current status Completed Cleared (Phase 1) Decision date: Wednesday, November 19, 2008 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/m08033.html

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Authorities

Authorities used by the court

Cases, legislation, regulations, and constitutional provisions identified in the available record.

Competition Act 2002 (Ireland)

Legislation

Legislation referenced in the available case record.

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