Tag Archives: monopoly

GE Sells Appliance Unit to Chinese Firm, Haier

$5.4 Billion Sale Follows Failed Deal With Electrolux General Electric has announced the sale of its appliance division to the Chinese firm, Haier for 5.4 billion dollars. The sale includes GE's 48% share of Mabe, a Mexican based appliance firm. … Continue reading

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U.S. Sues to Stop Electrolux – GE Appliance Merger

FEDS Sue to Stop Electrolux Deal with GE Appliances In a shocking move, the U.S. Department of Justice filed a lawsuit yesterday seeking to prevent the 3.3 billion dollar sale of the GE Appliance business to Electrolux. According to Chris … Continue reading

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Airline Merger Final – A Bad Day for Flyers

A bad day for flyers and it’s not the weather. Dec. 9, 2013 – The US Airways merger (takeover) with¬†American Airlines was completed today. This ushers in an era of fewer flights, higher prices, more delays, and in short more … Continue reading

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Feds Sue US Airways

US Airways – American Airlines Merger On the Rocks Blocking the Merger is a Good Deal for Flyers US Airways bid to acquire (merge with) American Airlines has been stalled by a surprise Justice Department lawsuit. Bill Baer, head of … Continue reading

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Airline Merger – A Bad Deal

Higher Prices and More Bad Service Make no mistake about it. This may be a good deal for US Airways, but it's a bad deal all around for the flying public. I've been reading what the “experts” have to say, … Continue reading

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