General Electric Company / Crompton Corporation

OFT closed case: Anticipated acquisition by General Electric Company of the OSI Specialities Business of Crompton Corporation.

• From: Competition and Markets Authority
• Published: 28 July 2003

• Case type: Mergers
• Case state: Closed
• Market sector: Chemicals
• Outcome: Mergers - phase 1 found not to qualify
• Closed: 28 July 2003

Affected market: Silicone manufacture

No. ME/1271/03

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.

Published 28 July 2003