General Electric Company, In the Matter of

Last Updated:
In the Matter of General Electric Company.
FTC Matter/File Number:

0310097

Docket Number:

C-4103

Enforcement Type:

Part 2 Consents

Federal Court:
District of Columbia

Case Summary

A final consent order settled antitrust concerns stemming from General Electric Company’s proposed acquisition of Agfa-Gevaert N.V.’s nondestructive testing business. According to the complaint issued with the consent order, the transaction as proposed would have eliminated competition in the United States markets for portable flaw detectors, corrosion thickness gages, and precision thickness gages - equipment used to inspect the tolerance of materials without damaging them or impairing their future usefulness. The consent order requires General Electric to divest its worldwide Panametrics Ultrasonic NDT business to R/D Tech, Inc. within 20 days after the transaction is completed.