Law360, New York (September 10, 2009) -- Since the European Commission has rejected General Electric's planned $42 billion acquisition of Honeywell International Inc. in June 2001, both, EU and U.S. authorities have made considerable efforts to reduce the possibility of conflict.
In 2001, the European Commission fully backed Competition Commissioner Mario Monti's decision to block the takeover of Honeywell even though the U.S. has cleared this transaction....
