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Report: Antitrust Lawyers Opposed to Electrolux-GE Deal

General Electric

The future ownership of Louisville's Appliance Park is in question after a report Wednesday that antitrust lawyers are opposed to the sale of GE's appliance business to the Swedish-based Electrolux.

Bloomberg reports:

A final decision about whether to pursue a lawsuit to block the agreement rests with senior officials at the division. Companies can try to reach a settlement even after a lawsuit, as American Airlines and US Airways did when the department sued to bar their merger in 2013.

Bloomberg reported that it's unclear if a settlement can be negotiated.

The companies announced the planned salein September. About 6,000 people work for GE Appliance in Louisville.

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