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    HomeNewsBusinessIndia antitrust body fines United Breweries, Carlsberg in price fixing case

    India antitrust body fines United Breweries, Carlsberg in price fixing case

    The Competition Commission of India (CCI) in 2018 raided the offices of the brewers and started an inquiry.

    Reuters
    September 24, 2021 / 17:55 IST
    Source: Reuters

    India's antitrust watchdog on Friday imposed a penalty of 7.5 billion rupees ($102 million) on beer giant United Breweries and 1.2 billion rupees on Carlsberg India in a case related to cartelisation of beer prices in the country.

    The Competition Commission of India (CCI) in 2018 raided the offices of the brewers and started an inquiry.

    The order casts a shadow on the brewers in a key growth market worth $7 billion.

    Reuters
    first published: Sep 24, 2021 05:51 pm

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