EU's competition policy and the GE-Honeywell merger fiasco: Transatlantic divergence and consumer and regulatory issues



This article discusses and analyzes the European Union's (EU's) competition policy and the 2001 General Electric-Honeywell merger fiasco within the areas of global business and transatlantic issues. Based on a brief literature review of marketing, competition policy/antitrust law, vertical/horizontal integration, and global business, the article tries to explain those conditions that led to this failed merger. It is expected that in the coming years, the EU's competition policy and the United States' antitrust law will continue to differ and may create problems for those multinationals seeking large-scale mergers and acquisitions in North America and Europe. © 2005 Wiley Periodicals, Inc.