# UK’s competition watchdog to examine EDF buying GE’s nuclear turbine unit
Published: 2023-03-27
Category: Headlines
Category URL: https://brandsjournal.com/category/headlines/
Meta Title: CMA investigates FDF's acquisition of GE's France-
Meta Description: The Competition and Markets Authority is examining the potential impact on competition in the UK of FDF's proposed takeover of General Electric's Fran
URL: https://brandsjournal.com/uks-competition-watchdog-to-examine-edf-buying-ges-nuclear-turbine-unit/

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qswaa30048wirgqe46utzd/images/2023-03-27t063154z1lynxmpej2q06jrtroptp4ge-results-1737057691878-compressed.jpg)

(Reuters) – UK’s anti-trust regulator said on Monday it was looking into whether FDF’s proposed acquisition of General Electric Co’s France-based nuclear [turbine](https://brandsjournal.com/siemens-energy-close-to-selling-stake-in-windar-renovables-source/) unit could lead to competition concerns.

The Competition and Markets Authority (CMA) said it was inviting comments from the companies concerned related to the impact the deal could have on [competition](https://brandsjournal.com/french-competition-authority-confirms-investigation-into-nvidia/) in the UK.

EDF had entered into an exclusive agreement with GE to buy part of GE’s [Steam](https://brandsjournal.com/totalenergies-texas-refinery-returns-to-normal-operation-sources-say/) Power’s nuclear power activities, bringing together [nuclear](https://brandsjournal.com/europes-pro-nuclear-leaders-seek-atomic-energy-revival/) steam [turbine](https://brandsjournal.com/siemens-energy-close-to-selling-stake-in-windar-renovables-source/) technology and service expertise.

The GE [unit,](https://brandsjournal.com/apollo-jb-capital-preparing-bid-for-vodafones-spanish-unit-expansion-says/) estimated to be worth around $1 billion as per media reports, was owned by Alstom until 2015.

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Savio D’Souza)


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---