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    <title>CCI approves Acquisition of the electrical and automation business of Larsen &amp;Toubro Limited by Schneider Electric India Private Limited and MacRitchie Investments Pte. Ltd.</title>
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    <description>The Commission approved the acquisition subject to remedies: reserve part of the target&#039;s installed capacity to provide white labelling for five key LV switchgear products, supply them to third-party competitors at reasonable prices for five years, and grant access to related technology for a further five years; amend commercial policies to remove de facto distribution exclusivity; and commit not to discontinue the target&#039;s products or raise their average selling price for a defined period.</description>
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