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UNITED STATES OF AMERICA v. AB ELECTROLUX et al

  1. November 19, 2015

    Electrolux Knew Of GE Antitrust Issues For Years, DOJ Says

    The U.S. Department of Justice accused Electrolux on Thursday of ignoring long-standing antitrust concerns over its proposed $3.3 billion deal for GE's appliance unit, grilling Electrolux's CEO about claims that appliance industry consolidations would not bump up prices.

  2. November 18, 2015

    GE Says $3.3B Electrolux Deal Needed To Beat LG, Samsung

    The CEO of General Electric's appliance unit told a D.C. federal judge Wednesday that the pace of Samsung and LG Electronics' appliance innovations "keep me up at night," maintaining they would continue to battle after GE's $3.3 billion merger with Electrolux despite government concerns about lessened competition.

  3. November 17, 2015

    Retailers Wield 'Big Stick' Over GE-Electrolux, Judge Told

    Electrolux officials testified Tuesday that retailers control large portions of the appliance market and wield a "big stick" by taking products off showroom floors to discourage the kind of price increases the government claims will happen if Electrolux's 3.3 billion tie-up with GE proceeds.

  4. November 16, 2015

    GE-Electrolux Merger Will Hike Appliance Prices, Court Told

    A homebuilding company official told a D.C. federal court Monday the $3.3 billion deal between GE and Electrolux would cause appliance prices to rise, reinforcing government allegations that the proposed merger would hurt competition for retail and contractor sales of cooking appliances.

  5. November 12, 2015

    GE, Electrolux Want Ongoing Sales Data In $3.3B Antitrust Trial

    General Electric and Electrolux pushed for a D.C. federal judge on Thursday to permit as evidence this month's Home Depot sales data in the ongoing trial over allegations that their $3.3 billion tie-up would hurt competition for cooking appliances, saying the data will show competitors' increasing sales.

  6. November 10, 2015

    Sparse Competition Before $3.3B GE-Electrolux Deal: Ex-CEO

    AB Electrolux only watched two competitors when setting prices on cooking appliances, not the broad swath of competitors company attorneys described, a former company executive said Tuesday in the trial to block the $3.3 billion tie-up between Electrolux and General Electric over antitrust concerns.

  7. November 09, 2015

    GE-Electrolux $3.3B Tie-Up Would Be Too 'Dominant': DOJ

    The U.S. Department of Justice blasted the recent $3.3 billion tie-up of AB Electrolux and General Electric's appliance unit in opening arguments Monday in a suit to block the merger, telling a D.C. federal judge the new company would increase already "dominant" positions in the markets for ranges, cooktops and wall ovens.

  8. November 06, 2015

    Electrolux, GE Merger Fight May Turn On Customer Testimony

    When Electrolux and GE step into court Monday to defend their $3.3 billion appliance tie-up against a government merger challenge, how much weight the court gives testimony from customers about whether they rely on pitting the two rivals against each other to keep prices for stoves and cooktops down may prove crucial.

  9. November 05, 2015

    Electrolux Says Settlement Talks Over In DOJ Merger Fight

    Electrolux and General Electric have given up on trying to settle the government's antitrust challenge to their $3.3 billion appliance merger after concluding that the only way to satisfy the Department of Justice would require the Swedish company to shed its entire U.S. business, an Electrolux attorney said Thursday.

  10. November 02, 2015

    DOJ Battles GE, Electrolux Over Antitrust Expert Report

    The Justice Department sparred with General Electric and AB Electrolux in D.C. federal court in recent days over whether the appliance makers' desire to amend an expert's report in a case where their proposed $3.3 billion tie-up faces antitrust scrutiny would violate a case management order.

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