NEW DELHI—An Indian anti-trust probe into beer price-fixing allegations was initiated after the world’s largest brewer Anheuser-Busch InBev told the authorities last year it had detected an industry cartel, three people familiar with the matter told Reuters.
AB InBev discovered the Indian operations it acquired as part of its around $100 billion acquisition of London-listed rival SABMiller Plc in 2016 had for years fixed beer prices along with Denmark’s Carlsberg and India’s United Breweries, which is part-owned by Heineken NV, the sources said.
