Finshots Daily cover image

Understanding cartels and the competition commission of India

Finshots Daily

00:00

The Competition Commission of India

The competition commission of india imposed a combined penalty of 870 crow rupees when it found united breweries limited, or u b l, and hese bush in ev India limited, and karlsburg india private limited, or c ip l, guilty of forming a beer cartel. These three brewers control 88 % of india's seven billion us Dollar beer market. So why do rivals ever work together? Why would they help each other out? Well the simple answer is that working together has its perks sometimes. But when you decide to go overboard and actively collude with your competitors, then the c c i will show up and mksure you mend your ways. No game theory

Play episode from 02:16
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app