A waiter carries a beer mug at a pub in Mumbai. Photo: Reuters A waiter carries a beer mug at a pub in Mumbai. Photo: Reuters
A waiter carries a beer mug at a pub in Mumbai. Photo: Reuters
India

India report says Carlsberg, SABMiller, United Breweries fixed beer prices for years

  • The Competition Commission of India said in a report that beer executives forged a cartel in ‘several states’ to gain more bargaining power
  • The brewers – which account for 88 per cent of India’s US$7 billion beer market – could face fines of some US$250 million, a source said

Topic |   India
A waiter carries a beer mug at a pub in Mumbai. Photo: Reuters A waiter carries a beer mug at a pub in Mumbai. Photo: Reuters
A waiter carries a beer mug at a pub in Mumbai. Photo: Reuters
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