Electrolux merger battle to face court

A status hearing has been set for September 29 for the proposed $3.3 billion merge deal between General Electric Appliance (GE) and Electrolux, and the case is scheduled to go to trial on November 9, according to reports. Electrolux believes the antitrust suit from the U.S. Department of Justice (DOJ) is based on a flawed analysis of the global appliance industry, particularly in the U.S.