CCI raids Kingfisher, Budweiser beer makers: Reports

The Competition Commission of India (CCI) raided the offices of United Breweries, Carlsberg and AB InBev as part of an investigation into price-fixing allegations, according to reports. United Breweries is known for its Kingfisher brand while AB InBev's beer brands include Budweiser and Corona. The raids reportedly found email exchanges showing that the companies were fixing prices.