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ARTICLE · 24 FEBRUARY 2015

Changes To The Merger Control Landscape Impacting Hotel Transactions

Mason Hayes & Curran LLP
Mason Hayes & Curran LLP
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Mason Hayes & Curran LLP

Mason Hayes & Curran LLP

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Significant changes to Ireland’s merger control regime at the end of last year have already had an impact on the number and type of transactions being notified to the new Competition and Consumer Protection Commission.

IrelandAntitrust/Competition Law

Significant changes to Ireland's merger control regime at the end of last year have already had an impact on the number and type of transactions being notified to the new Competition and Consumer Protection Commission (the "Commission"). Hotel transactions are now more likely to trigger onerous notification requirements.

The Competition and Consumer Protection Act 2014 (the "Act") came into force on 31 October 2014. The Act introduced new thresholds for determining when a transaction will trigger the requirement to seek permission from the Commission to complete the transaction.

New Thresholds for Merger Notifications

A transaction will now have to be notified to the Commission where, in the most recent financial year:

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