India's competition watchdog is reviewing accusations that France's Pernod Ricard colluded with retailers in New Delhi to boost market share, the latest headache for the spirits giant in a key market, legal papers seen by Reuters show. With brands such as Chivas Regal, Glenlivet and Absolut vodka, Pernod has a share of 17% in a liquor market it says is its second biggest globally by net sales, but one where it is embroiled in licence, tax and antitrust difficulties. The latest accusations figure in a confidential filing in March on practices in the liquor industry made by an individual identified only by the first name Mohit, who has a record of taking up public interest litigations.
PARIS, April 30, 2024--Regulatory News: Pernod Ricard (Paris:RI):
PARIS, April 26, 2024--Regulatory News: Pernod Ricard (Paris:RI):