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Liquor cos come under CCI; probe arm carries out raids

Press Trust of India  |  New Delhi 

The has carried out raids at some liquor companies that are under its for

alleged unfair business practices, according to a senior

The raids were carried out by the regulator's General (DG).

The has been keeping a close tab on anti-competitive practices across sectors and has also initiated action against various entities.

The said the DG's office carried out raids at various liquor companies for alleged unfair business practices with respect to pricing but did not divulge specific details.

Under the Competition Act, the DG has powers to conduct raid as part of gathering information during the course of investigation.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 12 2018. 20:30 IST