Reuters exclusively reported that Denmark’s Carlsberg and India’s United Breweries have filed pleas with Indian authorities, seeking leniency in a probe into alleged collusion to fix beer prices. The Competition Commission of India (CCI) has been investigating the two companies and both filed pleas under the CCI’s so-called leniency program in recent weeks. The plea involves the companies submitting evidence and agreeing to cooperate with the probe, which could lead to a smaller fine if wrongdoing is discovered.
Politics
Reuters exclusively reports Carlsberg, United Breweries plead leniency in India beer cartel probe
20 December 2018, 12:00 am 1 minute
Article Tags
Topics of Interest: Politics
Type: Reuters Best
Sectors: Equities
Regions: Asia