Skip to content
Tuesday, August 11
  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
International Media News

International Media News

International Media News

International Media News

International Media News

  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
Home>>Business>>CCI raids liquor companies in price fixing probe: Report
Business

CCI raids liquor companies in price fixing probe: Report

international media news
October 28, 2021 154 Views0

 India’s antitrust watchdog on Wednesday raided the offices of Associated Alcohols & Breweries and Som Distilleries as part of an investigation into alleged price fixing in liquor products, two sources with direct knowledge of the matter said.

The Competition Commission of India (CCI) officials were conducting search and seizure operations across several cities and the case is about the companies allegedly violating anti-trust laws by colluding on prices while seeking necessary regulatory approvals from states, the sources added.

The investigation is looking at price fixing of so-called country liquor, or low-priced locally made alcohol, the sources added.

India has strict regulations for the alcohol sector. Most states individually regulate alcohol pricing and the companies need to submit and get prices approved every year by the local authorities.

The CCI did not respond to a request for comment. E-mails and pone calls to Associated Alcohols and Som Distilleries went unanswered.

Further details of the case and the raids were not available from the CCI as the agency typically does not make public information on its investigations.

Associated’s website says it is the leading supplier of liquor to the government of Madhya Pradesh for sales in the state. SOM Group, which includes Som Distilleries, has a portfolio of brands that includes spirits and beer products. 

Share:

Previous Post

Indians paid Rs 263 billion in foreign exchange fees in 2020, new study reveals

Next Post

Will govt’s assurance of non-stop power raise construction cost across India?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • Shreya Kalra says no to Bigg Boss 20, rules out reality shows as contestant
  • Ariha Pangambam creates history, becomes first Indian to win senior women’s gold at Asian Aerobic Gymnastics Championships
  • US Senate approves sweeping Russia Sanctions Bill named after Lindsey Graham
  • ‘Some people tried to mislead Gen Z’: Dharmendra Pradhan’s first reaction after resignation
  • NITI Aayog’s new index helps foreign companies choose the right Indian state to invest in

Latest News

Shreya Kalra says no to Bigg Boss 20, rules out reality shows as contestant

international media news
August 10, 2026

It seems that Shreya Kalra, who recently won Netflix's reality show Lock Upp, is currently not inter

Ariha Pangambam creates history, becomes first Indian to win senior women’s gold at Asian Aerobic Gymnastics Championships

international media news
August 10, 2026

US Senate approves sweeping Russia Sanctions Bill named after Lindsey Graham

international media news
August 10, 2026

‘Some people tried to mislead Gen Z’: Dharmendra Pradhan’s first reaction after resignation

international media news
August 10, 2026

Latest News

Shreya Kalra says no to Bigg Boss 20, rules out reality shows as contestant

international media news
August 10, 2026

Ariha Pangambam creates history, becomes first Indian to win senior women’s gold at Asian Aerobic Gymnastics Championships

international media news
August 10, 2026

Popular Categories

  • India
  • World
  • Business
  • Entertainment
  • Sports

Quick Links

  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
All Rights Reserved © International Media News | Website By - Hurl Technologies Pvt. Ltd. | WordPress Theme Ultra News