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Europe Daily Bulletin No. 10583

28 March 2012
ECONOMY - FINANCE - BUSINESS / (ae) competition
Investigation into UTC take over of Goodrich

Brussels, 27/03/2012 (Agence Europe) - On Tuesday 27 March, the European Commission opened an in-depth investigation under the EU Merger Regulation into the proposed acquisition of control over Goodrich Corporation by United Technology Corporation (UTC), both US-based companies active in the production and sale of aviation equipment on a worldwide basis. The Commission's preliminary investigation indicated potential competition concerns regarding the markets for engine controls and AC power...

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