NEW DELHI : India's antitrust watchdog on Friday imposed a penalty of 7.5 billion rupees on beer giant United Breweries and 1.2 billion rupees on Carlsberg India in a case related to cartelisation of beer prices in the country.
The Competition Commission of India in 2018 raided the offices of the brewers and started an inquiry. The order casts a shadow on the brewers in a key growth market worth US$7 billion.
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