BRUSSELS (Reuters) - European Union antitrust regulators are likely to launch a broad investigation into General Electric's 12.4-billion-euro ($14.08 billion) offer for Alstom's power equipment business, three people familiar with the matter said on Wednesday.
A broad investigation into a merger deal by the Commission suggests that the EU watchdog may have concerns that the deal could reduce competition, in which case the EU executive may demand remedies.
"There is a strong possibility that the European Commission will open a phase two investigation although there is no final decision yet," said one of the people who declined to be named because of the sensitivity of the matter.
Another source said the companies have not provided concessions to the EU competition authority.
(Reporting by Foo Yun Chee, Andrew Callus and Geert De Clercq in Paris)
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