Refer to the input text as context and select the correct relationship between 'General Electric' and 'conglomerate' from the available options.
Options: brand, industry, location of formation, member of

** U.S. conglomerate General Electric has offered concessions in an attempt to counter EU regulatory concerns about its 12.4-billion-euro ($13.49 billion) bid for French peer Alstom's power unit, its biggest ever acquisition.
industry