BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
United Breweries Ltd. is the biggest beer player in the domestic market, a sector largely dominated by multinational companies (~85% of the market).
In culmination of an investigation into alleged cartel behavior (period spanning 2009- 18), Competition Commission of India has penalised United Breweries, Carlsberg (Rs 121 crore) and All India Brewers Association (Rs 6 lakh), while providing respite to Anheuser-Busch InBev.
The commission has held two former Managing Directors, Chief Sales Officer and Head of Strategic Planning and Analytics of the company liable for anticompetitive conduct.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
