NEW DELHI: The Competition Commission has ordered a detailed probe against French spirits major Pernod Ricard and seven other entities for alleged cartelisation in the Indian-made foreign liquor market.The seven entities that have come under the watchdog’s lens are Indo Spirits, Pathway HR Solutions, Universal Distributors, Khao Gali, Bubbly Beverages, Shiv Associates and Organomix Ecosystems.Ordering the investigation, the regulator said it is of prima-facie view that Pernord Ricard’s restrictive conduct with its retailers/wholesalers, purportedly, to induce brand pushing and achieve higher market share in IMFL market in Delhi, falls within the purview of ‘exclusive dealing agreement’ under the Competition Act. Such conduct violates the Act, according to a 26-page order, dated May 5, by the Competition Commission of India (CCI). The complaint was filed before the CCI in 2024.CCI’s Director General (DG) will carry out the investigation that will also look into the role of the persons/officers who were responsible for the conduct of the activities of such entities as well as individuals whose consent or connivance was involved during the time of the contraventions.
Trending
- Boeing Honcho front-runner for NSIL chief post, could be first outsider | India News
- Teen biker killed, 2 friends injured as speeding bike crashes | Lucknow News
- Observatory that put Mount Everest in record books now lies in ruins | India News
- ‘Totally unacceptable’: Trump rejects Iran’s ceasefire response sent via Pakistan
- English rhymes ‘Johnny Johnny’, ‘Rain Rain Go Away’ promote lying, selfishness: Edu min | Lucknow News
- IPL 2026: Kings face beleaguered Capitals, hope to put campaign back on track
- Plane carrying 22 UK citizens evacuated from hantavirus-hit ship lands in Manchester
- Kiara Advani reveals why she and Sidharth Malhotra kept their relationship private; wants daughter Saraayah to ‘experience life fully’ | Hindi Movie News
