According to an investigation by the Indian Competition Commission (ICC), the world's three largest international breweries - United Breweries, AB InBev and Carlsberg - illegally fixed prices for their beer sales in India.
United Breweries (India), Carlsberg (Denmark) and the Belgian-Brazilian group AB InBev hold about 85% of the Indian beer market, which represents some 7 billion euros.
Searches conducted in 2018 revealed that 15 to 20 managers had secretly negotiated beer prices.
The ICC has set up a remission programme for cartel members who accept to become whistle-blowers. In 2018, AB InBev itself sounded the alarm.
The three beer companies could be fined a total of 285 million USD, several sources had previously indicated.
The results of this inquiry, of which Reuters was informed of, are not yet official.
The Brussels Times
