Utilize the input text as a context reference, choose the right relationship between General Electric and conglomerate from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

BRUSSELS (Reuters) - U.S. conglomerate General Electric (GE.N) has just over a week to offer concessions and head off EU regulatory concerns about its 12.4-billion-euro ($13.7 billion) bid for Alstom's power unit, a person familiar with the matter said on Wednesday.

Answer: industry