New Delhi, Feb 17.
The Supreme Court on Friday stayed a National Company Appellate Tribunal (NCLAT) order affirming penalty of INR 751.83 crores on Heineken’s subsidiary, United Breweries Limited, in an alleged beer cartel case.
The Competition Commission of India (CCI) had on Sept 24, 2021, found UBL, SABMiller India Limited (now renamed as Anheuser Busch InBev India Ltd.), Carlsberg India Private Limited, and the All-India Brewers’ Association guilty of cartelization in the beer market.
The CCI had imposed a total penalty of about Rs 862 crores on these entities. UBL was directed to pay Rs 751.83 crores of this. The CCI order was later on affirmed by the NCLAT in its judgment dated 23 December 2022.
(Trilegal Competition led by Nisha Kaur Uberoi, Partner & National Head – Competition along with Gautam Chawla, Partner; Rahat Dhawan, Senior Associate, and Shivangi Chawla, Aditi Khemani, Samriddha Gooptu, Prerana De, Ishan Arora and Mehar Dang, associates acted for UB. The Trilegal competition team engaged senior advocates, Aryama Sundaram and Dr Aditya Sondhi.)