Exclusive: Avoid getting caught : report details how Carlsberg, SABMiller and UB fixed beer prices in India channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.
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The Competition Commission of India (CCI) in 2018 raided the offices of the three brewers and started an inquiry. The investigation s findings - which are not a final judgment of wrongdoing - cast a shadow on the brewers, which account for 88% of India s $7 billion beer market.
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Executives' conversations, WhatsApp messages and e-mails contained in the report show the companies regularly and collectively strategised in seeking price increases in "several states"