BRUSSELS: Brussels has launched in-depth probe into GE’s partial takeover of French industrial champion Alstom, in a signal that antitrust issues over power equipment may further complicate a $16.9bn deal already heavily influenced by politics. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article.
The European Commission, the EU’s top antitrust authority, launched a full investigation on Monday over fears the tie-up would hurt competition in the heavy duty gas turbine sector, reducing choice, innovation and leading to higher prices and maintenance costs.
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