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NCLAT upholds CCI's Rs 870 cr fine on Kingfisher, Carlsberg manufacturers

Throws out the appeals of the beer makers, who were accused of cartelisation in the sale and supply of the beverage in various states and UTs

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3 min read Last Updated : Dec 23 2022 | 9:13 PM IST

The National Company Law Appellate Tribunal (NCLAT) on Friday upheld the Competition Commission of India's penalty of over Rs 870 crore on Kingfisher beer manufacturer United Breweries Ltd and Carlsberg India Pvt Ltd for cartelisation in the sale and supply of beer in various states and union territories.

“We do not find merit in either of the appeals and all the appeals are dismissed,” said an NCLAT Bench of Justice Rakesh Kumar, Member (Judicial) and Ashok Kumar Mishra, Member (Technical), while dismissing the appeals filed by the companies.

CCI, represented by Senior Advocate Manish Vashisht, submitted that in India, United

Topics : Competition Commission of India NCLAT Kingfisher Carlsberg India National Company Law Tribunal Kingfisher Airlines Beer CCI Carlsberg

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