GE-Electrolux trial begins today - WDRB 41 Louisville News

GE-Electrolux trial begins today

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LOUISVILLE, Ky. (WDRB) -- The trial begins today to determine the fate of GE's appliance division. 

The deal is of great interest locally as GE has some 3,800 hourly workers at Appliance Park and another 2,200 salaried, white-collar employees who run the appliance division -- all of whom will have a new employer if the sale closes.

It's a $3.3 billion dollar deal to sell GE's Louisville-based appliance division. Although the settlement was on the table, the U.S. Department of Justice wouldn't budge, and now the two companies must face the U.S. government in trial starting today. 

[GE-Electrolux trial | Everything you need to know]

The Justice Department sued to block the sale in July, claiming the proposed combination would "leave millions of Americans vulnerable to price increases."
GE and Electrolux have two main defenses: That the appliance market is very competitive, and the government's analysis fails to consider recent entrants like Samsung and LG. 

It's a waiting game for Appliance Park workers here in Louisville but GE officials say they're holding up well.

"I am so proud of our employees, whether its this long process of trying to get this deal done or it's building down a million square foot building--they've faced adversity and they've come up winners."

A total of 29 people are expected to testify. The trial will involve thousands of exhibits. The two sides are at odds over just how much information should be made public. 

A judge will decide the case, although there likely won't be a decision until mid-December or later. 


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