✈️Antitrust Concerns Over Safran's Acquisition of Collins Aerospace
United States v. Safran S.A., et al.; Proposed Final Judgment and Competitive Impact Statement
Summary
The Department of Justice has fielded a complaint against Safran S.A.'s proposed acquisition of Collins Aerospace citing antitrust violations. The proposed Final Judgment requires Safran to divest its North American actuation business, ensuring the maintenance of competition in the aerospace sector for critical actuators used in large aircraft. Public comments are invited as part of the regulatory process.
Agencies
- Justice Department
- Antitrust Division
Business Impact
$$$ - High
The regulatory document details the antitrust concerns regarding Safran S.A.'s acquisition of Collins Aerospace's business, indicating significant compliance and regulatory requirements for large aerospace suppliers. It mandates Safran to divest parts of its business to maintain competition, affecting market dynamics and operational strategy for executives in the aerospace sector.