U.S. And E.U. Less Divided On Merger Analysis

Law360, New York (May 9, 2006, 12:00 AM EDT) -- In an unprecedented move at the time, the European Union in 2001 rejected General Electric Co.'s planned $42 billion acquisition of Honeywell International Inc., marking the first time a proposed merger between two U.S. companies was blocked solely by European regulators.

That move signaled significant differences in the way competition authorities on opposing sides of the Atlantic use economic analysis to evaluate potential mergers.

But five years later, the two jurisdictions on opposing sides of the Atlantic are starting to look at the world through similar...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.