India's Competition Commission Raids Three Beer Makers -Reuters
October 11 2018 - 1:28PM
Dow Jones News
--Three international beer companies in India were raided by
that country's antitrust agency Thursday, Reuters reports, citing
"three sources with direct knowledge of the matter."
--The Competition Commission of India raided the offices of
India's United Breweries Ltd., Denmark's Carlsberg A/S (CABGY) and
Anheuser-Busch InBev S.A. (BUD) in at least two cities, the report
said.
--The three companies had been the focus of an antitrust
investigation over the past year, Reuters said, citing "a source
with direct knowledge of the inquiries."
Full story:
https://www.reuters.com/article/us-india-regulator-brewers-exclusive/exclusive-top-brewers-raided-by-indian-watchdog-in-price-fixing-probe-sources-idUSKCN1ML2EW?il=0
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
October 11, 2018 13:13 ET (17:13 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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