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CCI slaps Rs 873-crore fine on UBL, Carlsberg for price fixing

In its 231-page order, which comes nearly four years after ordering a probe, CCI has also directed the companies, association and individuals to "cease and desist" from anti-competitive practices

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Press Trust of India New Delhi
The Competition Commission on Friday imposed penalties totalling over Rs 873 crore on United Breweries, Carlsberg India, All India Brewers' Association (AIBA) and 11 individuals for cartelisation in the sale and supply of beer.
 
In its 231-page order, which comes nearly four years after ordering a detailed probe, the Competition Commission of India (CCI) has also directed the companies, association and individuals to “cease and desist” from anti-competitive practices in the future.
 
The final order has been passed against United Breweries (UBL), SABMiller India, now renamed as Anheuser Busch InBev India (AB InBev), and Carlsberg India (CIPL), among

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