GE-Alstom : Commission agrees to postpone its decision

General Electric (GE) obtained a few weeks' delay to try to convince the European Commission that its merger with French firm Alstom in the energy sector will not undermine competition in the EU. On 23 February, the EU executive opened an in-depth investigation to look into the consequences of this €12.4 billion transaction. The Commission announced at the time that it would hand down its decision by 8 July. That time limit seemed a bit short to the American conglomerate,…