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Europe Daily Bulletin No. 7915

3 March 2001
Contents Publication in full By article 21 / 49
GENERAL NEWS / (eu) eu/competition
Commission opens in-depth investigation into merger between general Electric and Honeywell

Brussels, 02/03/2001 (Agence Europe) - The European Commission opened an in-depth investigation into the planned merger between the American companies General Electric (GE) and Honeywell International Inc in order to understand, in more detail, the repercussions in the sector for aeronautical components. In fact, there are risks of strengthening a dominant position, given the strong presence of GE in the market for engines and that of Honeywell for avionics products and certain non-avionics...

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