Jack and Mario get their day in court – after four-year wait

Analysis of the judgements in Case ECFI T-209/01; ECFI T-210/01. The European Court of First Instance upholds the prohibition of General Electric's acquisition of Honeywell. Although the Commission made errors in its decision declaring the concentration to be incompatible with the common market, in particular 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.

European Court of Justice: Press Release, No.109, 2005: Honeywell v Commission and General Electric v Commission (14.12.05) http://curia.europa.eu/en/actu/communiques/cp05/aff/cp050109en.pdf

---