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Court opens merger door.

Authors :
Warwick, Graham
Source :
Flight International; 12/20/2005, Vol. 168 Issue 5016, p23-23, 1p, 1 Color Photograph
Publication Year :
2005

Abstract

The article focuses on the decision of the European Court of First Instance regarding the appeal of GE and Honeywell against the July 2001 decision of the European Commission (EC). The Court rejected almost all the reasons the competition of the EC commissioner used to justify blocking the deal. A merged GE/Honeywell would have had a dominant market position in engines for large regional jets and business jets as well as small marine gas turbines.

Subjects

Subjects :
LEGAL judgments
AIRPLANE motors

Details

Language :
English
ISSN :
00153710
Volume :
168
Issue :
5016
Database :
Complementary Index
Journal :
Flight International
Publication Type :
Periodical
Accession number :
19302697