Business Standard

REGULATORY ACTION

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UBL and Carlsberg India have been slapped fines of nearly ~752 crore and ~121 crore, respective­ly

A fine of over ~6.25 lakh has been imposed on AIBA Ab Inbev has not been slapped any fine, but lesser penalties have been slapped on others

The companies and other entities found to be indulging in cartelisat­ion in the sale and supply of beer in various states and UTS

AIBA, which was actively involved in facilitati­ng such cartelizat­ion, has been held to be contraveni­ng the competitio­n law

The period of cartelisat­ion was from 2009 to at least October 10, 2018

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