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InBev accused of cartel activity in Indian market

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