GE Honeywell Antritrust Case

Excerpts from the Paper

GE Honeywell Antritrust Case
Summary
In the early part of 2001, General Electric filed for a merger with another large avionics manufacturer, Honeywell. It was thought to be a competitive move by General Electric, as Honeywell produced complementary avionics products to those produced by General Electric. The proposed merger was to be a conglomerate. Considering the market capitalization of both companies, it was necessary for several governments to investigate the possibility of antitrust implications of the merger. On May 2, 2001, the Antitrust Division of the United States Department of Justice announced that it had reached an agreement with General Electric and Honeywell that resolved their antitrust concerns with the proposed merger....

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