Talking about Justice Dept. approves Whirlpool-Maytag deal – U.S. Business – MSNBC.com
This merger will definately raise the prices of washers. The merger involving Maytag and Whirlpool will control 70% of the market and that would put them close to being a monopoly. In actuality, they will be an oligopoly and I believe their market share will increase and pose some competitive challenges for other retailers. I don’t think that this merger was a good idea.