CCI imposes highest merger control penalty ever – 5 Crore!

CCI imposes highest merger control penalty ever – 5 Crore!

An order passed in February this year, but published on the Competition Commission of India’s website yesterday, has imposed the highest merger control penalty in the history of the country. The penalty, imposed on General Electric over the GE-Alstom deal, is due to the GE’s failure to give notice of the transaction to the Commission as per the Combination Regulations.

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