Schedule I
Combination | Date of the Trigger Document as per the parties. | Date of Notice | Date of the Trigger document as per the CCI | CCI’s reason for penalty | Final order |
General Electric’s acquisition of thermal power, renewable power and grid business of Alstom S A. | November 4, 2014 | November 24, 2014 | April 30, 2014 | According to CCI, the 30-day period began from the day it notified the deal to the Indian Stock Exchanges. | CCI imposed a fine of INR 5 Crore on GE. |
Formation of a JV named Warren Robotics Ltd. by Google Inc., Ethicon Endo-surgery Inc and Johnson and Johnson by acquisition of shares through a share purchase agreement entered on March 24, 2015 which was further amended on May 15, 2015. | May 15, 2015 | June 5, 2015 | March 24, 2015 | According to CCI, the 30-day period would begin from the date of signing of the first binding agreement. | CCI imposed a penalty of INR 5 Lakhs. |
Tesco Overseas Investments Limited’s acquisition of 50% of issued and paid-up equity share capital of Trent Hypermarket Limited | March 21, 2014 | March 31, 2014 | December 17, 2013 | According to CCI, the 30-day period began from December 17, 2013, when Tesco sought the approval of the Department of Industrial Policy and Promotion, Ministry of Commerce & Industry and Foreign Investment and Promotion Board, Ministry of Finance for such investment in Trent Hypermarket Limited. | CCI imposed a penalty of INR 3 Crore. |