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ARTICLE · 18 FEBRUARY 2021

Irish Merger Control Update: Key Findings From The CCPC's M&A Report 2020

The Competition and Consumer Protection Commission has published its annual Mergers & Acquisitions Report for 2020, providing details and statistics regarding the mergers and acquisitions examined by the CCPC in 2020.

IrelandAntitrust/Competition Law

The Competition and Consumer Protection Commission ("CCPC") has published its annual Mergers & Acquisitions Report for 2020 (the "Report"), providing details and statistics regarding the mergers and acquisitions examined by the CCPC in 2020.

Key takeaways:

  • In a year which witnessed severe economic disruption caused by the COVID pandemic, the CCPC experienced just a 13% reduction in merger notifications as compared with 2019, noting that the sectors that have seen an increase in M&A activity or otherwise remained unaffected by the impact of COVID such as Information & Communications and Healthcare, which accounted for a significant proportion of merger notifications.
  • The introduction of the CCPC's simplified procedure in July also now clearly demonstrates that parties can secure clearance for 'no issues' deals in less than 3 weeks.

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