Luxemburg, 14/12/2005 (Agence Europe) - The Court of First Instance has upheld the European Commission's decision of 3 July 2001 to prohibit General Electric's acquisition of Honeywell. A press release stated that, “although the Commission made errors (…) in its analysis of conglomerate effects resulting from the concentration, the fact that dominant positions would have been created or strengthened on several specific product markets is sufficient to justify that decision”. The merger...