Whirlpool-Maytag
The Department of Justice has elected to not oppose the Whirlpool-Maytag merger. According to DOJ:
After thoroughly investigating Whirlpool’s proposed acquisition of Maytag, the Division determined that the proposed transaction is not likely to reduce competition substantially. The combination of strong rival suppliers with the ability to expand sales significantly and large cost savings and other efficiencies that Whirlpool appears likely to achieve indicates that this transaction is not likely to harm consumer welfare.
Previous Antitrust Review coverage of Whirlpool-Maytag can be found here, here and here.
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April 3rd, 2006 at 11:02 am
[…] And while you’re at the AAI’s webpage, I recommend rereading their views on the Maytag-Whirlpool merger, expressed as a response to the famous Wall-Street-Journal editorial. An interesting read now that we know how the DoJ came out, as we reported here, and have seen some reactions. You can also bookmark this on del.icio.us or check the cosmos […]