Brussels, 24/02/2015 (Agence Europe) - On Tuesday 24 February, the European Commission opened an in-depth investigation to determine whether General Electric's planned acquisition of Alstom's thermal power, renewable power and grid activities complies with EU law.
The European institution's preliminary investigations revealed potential competition concerns on the market for the sale and servicing of HDGT turbines, which are used mainly in gas-fired power stations. The transaction would...