General Electirc has agreed to sell off an electric engine manufacturing facility in Minnesota to end the US Department of Justice antitrust division’s concerns that its purchase of France-based Converteam will damage competition.
The US District Court for the Western District of Arkansas today denied General Electric’s motion to dismiss an antitrust litigation brought by engineering company Mitsubishi Heavy Industries.
General Electric has agreed to sell cable television company Comcast a controlling stake in network broadcaster NBC Universal, making official a long-rumoured deal that is expected to trigger an antitrust review in the US.