General Electric/Alstom (Thermal power–renewable power & grid business) (M.7278) [Archived]

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Competition expert
Practice notes

General Electric/Alstom (Thermal power–renewable power & grid business) (M.7278) [Archived]

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Competition expert

Practice notes
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CASE HUB

ARCHIVED–this archived case hub reflects the position at the date of the decision of 18 October 2017 to modify certain commitments following the 2015 conditional clearance; it is no longer maintained.

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Case facts

OutlineEuropean commission merger investigation into General Electric’s proposed acquisition of Alstom’s Thermal Power, Renewable Power & Grid Business (Case M.7278). The transaction involves horizontal overlaps in the markets for heavy duty gas turbines.

Latest developmentOn 18 October 2017, the Commission accepted GE’s request to modify certain commitments to the Commission’s decision of 8 September 2015. These included GE’s request for (i) a change in the list of key personnel (ii) modifications as regards the Pipeline Projects that relate exclusively to the business retained by GE and (iii) modifications as regards the trademarks to be licensed back to GE.

PartiesGeneral Electric (GE) is a US based multi-national conglomerate company which operates through the following business departments: power and water, oil and gas, energy management, aviation, healthcare, transportation and capital.

Alstom
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Jurisdiction(s):
United Kingdom
Key definition:
COL definition
What does COL mean?

Combined Construction and Operating licence: part of the US regulatory environment relating to new nuclear build.

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