Merger Update: Goodrich, United Technologies

(September 17, 2012) -- The Canadian Competition Bureau has concurred in the analysis and remedies already proposed for the pending acquisition of Goodrich by United Technologies. Although recognizing that reduced competition in electronic generator segments and engine controls might affect Canadian airline companies whose planes use these parts, the Bureau nevertheless expressed satisfaction with corrective actions by the U.S. Department of Justice Antitrust Division and the European Commission....

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