The U.S. government has rejected Electrolux AG and General Electric Co.'s (GE) settlement proposal, according to a report from The Wall Street Journal.
The U.S. Justice Department plans to take its concerns to trial on November 9, 2015.
The Wall Street Journal adds that the Justice Department is challenging Electrolux's plan to acquire GE's appliance business.
The department is arguing that the proposed deal would harm competition.
The Wall Street Journal adds that Ethan Glass, the lawyer for the Justice Department, said that the agency has considered the proposal of the two companies.
He said that the lawyers of both companies have already talked to people of the "highest levels" but their proposal was deemed "well short."
The Wall Street Journal adds that Glass said during a court hearing at Washington that there's no need to talk further.
"There are no more discussions," he said.
Reuters adds that John Majoras, a lawyer for Electrolux, said that the company believed that their offer sell certain undisclosed assets would be enough to resolve the issue.
He confirmed that there will be no more discussions regarding the issue.
Reuters adds that the two men spoke at a hearing in Washington that is preceding the mini-trial on November 9.
The trial will determine if Electrolux can go forward with their $3.3 billion deal to acquire GE's appliance business.
Reuters adds that the U.S. government had asked the federal court in July to stop Electrolux's proposed takeover of GE's appliance business for $3.3 billion.
The government believes that the deal violates the U.S. antitrust law.
Electrolux, together with Whirlpool Corp., already make 90 percent of the stoves and ovens that are sold, according to Reuters.
These stoves and ovens are sold to big builders in the U.S.
The Wall Street Journal adds that any delays on the sale deal a big blow to Jeff Immelt, the CEO of GE, who is trying to get rid of its appliance business.
The company originally wanted to exit the business before the financial crisis but had to postpone its plans due to the credit markets drying up.
Immelt is trying to focus GE on high-value infrastructure businesses like power turbines and jet engines, according to The Wall Street Journal.
