U.S. government, Electrolux argue at trial over GE appliance deal
November 09, 2015 at 18:37 PM EST
WASHINGTON, Nov 9 (Reuters) - The government argued Monday that U.S. consumers would pay 5 percent more for ranges and wall ovens if AB Electrolux was allowed to buy General Electric's appliance business but the companies accused antitrust enforcers of failing to acknowledge powerful and growing competition from overseas manufacturers.