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Pricing probe: CCI raids Pernod, AB InBev
Mint Chennai
|December 20, 2024
An anonymous complaint alleged Telangana sellers formed "cartel-like" pacts to boycott all brands but AB InBev's
India's antitrust body raided some offices of alcohol firms Pernod Ricard and Anheuser-Busch InBev as it investigates accusations of price collusion with retailers in a southern state, persons familiar with the matter said.
Wednesday's surprise raids by Competition Commission of India (CCI) targeted offices in Hyderabad, and some retailers in nearby Telangana state, five persons said, in one of the biggest industry crackdowns.
Sources spoke seeking anonymity as they were not authorized to speak to the media.
Dit verhaal komt uit de December 20, 2024-editie van Mint Chennai.
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