Significant and wide-ranging new powers of investigation, intervention and enforcement are proposed to be given to the Irish Competition and Consumer Protection Commission (CCPC), under the Competition (Amendment) Act 2022.
Contact usThe proposed acquisition by Enva (Exponent Private Equity LLP, through Enva Irish Opco Limited) of the Rilta Group will only be permitted by Irish Competition and Consumer Protection Commission ("CCPC") if the purchaser agrees to sell a particular standalone business unit and agrees to accept orders from others (on certain terms).
Corporate & M&AOn 10 December, the Court of Justice of the European Union (CJEU) ruled, in a 76-paragraph judgment, that a member state may unilaterally withdraw the notice of its intention to leave the EU. This is only so long as the withdrawal agreement has not entered into force or any extension of the article 50 negotiation process has not expired.
BrexitOn 29 March 2017, the Article 50 letter was taken by two civil servants from London to Brussels on Eurostar.
BrexitAlmost immediately after the Brexit referendum result was known in June 2016, the talk was when would the UK "trigger" Article 50? There was much speculation about when the UK would send the so-called "Article 50 Letter".
BrexitIreland’s Competition and Consumer Protection Commission (“CCPC”) has initiated a very welcome public consultation on possibly simplifying the merger control process.
Corporate & M&AOn 21 November 2018, the Irish lower house of parliament, Dáil Éireann, voted to approve a motion supporting the Draft Withdrawal Agreement between the EU and the UK.
BrexitThe publication on Wednesday 14 November of the 585-page draft UK Withdrawal Agreement means that there is now a potential deal on the table.
BrexitOn 13 November 2018, reports emerged from Brussels and London that a 'deal' had been done between the EU and the UK on Brexit. The exact contents of the deal have not yet been published and A&L Goodbody will publish updates as the contents are revealed. Much turns on what is in the 500 or so page document and but there are some elements which are worth analysing.
BrexitWhile the proposed changes to the Irish merger control thresholds would reduce the number of mergers notified in Ireland, the impact of Irish merger control will continue to be felt in a number of ways.
EU, Competition & ProcurementThe thresholds for Irish merger control notifications have been raised
EU, Competition & ProcurementOn 5 September 2018, the House of Commons issued a 17 page Briefing Paper discussing the impact of Brexit on the UK public procurement sector. A brief summary of the findings is set out below.
BrexitMore Irish merger control notifications by 31 August 2018 than in the whole of 2017.
Corporate & M&A
