General Electric Company / Crompton Corporation
OFT closed case: Anticipated acquisition by General Electric Company of the OSI Specialities Business of Crompton Corporation.
Affected market: Silicone manufacture
On the basis of the information available to it, the Office of Fair Trading has decided that the proposed acquisition of the OSI Specialties Business of Crompton Corporation by General Electric Company does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met. A relevant merger situation has, therefore, not been created.