GE, Baker Hughes to Create Oil Behemoth

The transcript discusses the strategic deal between GE and Baker Hughes, highlighting its benefits for shareholders and its role in GE's broader transformation strategy. The deal originated after a failed Halliburton merger, with GE aiming to expand its oil and gas business without a full acquisition. The discussion also covers potential future mergers and regulatory concerns, emphasizing the complementary nature of the businesses involved.

What potential regulatory implications could arise from the merger between GE and Baker Hughes?

In what ways might the merger create synergies for both companies involved?