SRF III / Touax [2009] IECompA m09012 (8 July 2009)

SRF III / Touax [2009] IECompA m09012 (8 July 2009)

The Competition Authority determined that the proposed joint venture does not substantially lessen competition in the railcar leasing and financial services sectors and cleared the merger in Phase 1.

Parties
Applicant: SRF III Limited; Respondent: Touax Rail Limited
Jurisdiction
Ireland
Judgment Date
08 July 2009
Procedural Posture
Merger Notification / Final Determination
Outcome
merger cleared
Legal Topics
Merger Control, Railcar Leasing, Financial Services
Competition Law Merger Control Railcar Leasing Financial Services

Case Brief

Summary, issues, holding and outcome

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Parties

SRF III Limited

Applicant

Touax Rail Limited

Respondent

Procedural Posture

Merger Notification / Final Determination

Legal Issues

  1. 1 Whether the proposed joint venture between SRF III Limited and Touax Rail Limited raises competition concerns in the railcar leasing and financial services sectors.

Ratio Decidendi

The Competition Authority determined that the proposed joint venture does not substantially lessen competition in the railcar leasing and financial services sectors and cleared the merger in Phase 1.

Court Disposition

merger cleared

Orders

  • The proposed joint venture between SRF III Limited and Touax Rail Limited is cleared under Phase 1.