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[Cites 16, Cited by 0]

Competition Commission of India

In Re: Alleged Anti-Competitive ... vs Unknown on 24 September, 2021

                         COMPETITION COMMISSION OF INDIA

                               Suo Motu Case No. 06 of 2017

           In Re: Alleged anti-competitive conduct in the Beer Market in India

Against:

1. United Breweries Limited
2. Crown Beers India Private Limited (now a wholly owned subsidiary of Anheuser
   Busch InBev SA/NV)
3. SABMiller India Limited (now renamed as Anheuser Busch InBev India Ltd. after
   being acquired by Anheuser Busch InBev SA/NV)
4. Carlsberg India Private Limited
5. All India Brewers' Association

CORAM

Ashok Kumar Gupta
Chairperson

Sangeeta Verma
Member

Bhagwant Singh Bishnoi
Member

Present:

                                               Mr. Amit Sibal, Senior Advocate alongwith
                                               Mr. Ravishekhar Nair, Ms. Avantika Kakkar,
                                               Mr. Sahil Khanna, Mr. Abhay Joshi, Mr.
For United Breweries Ltd. (UBL), Mr.           Kirthi Srinivas, Mr. Ambar Bhushan, Mr.
Kalyan Ganguly of UBL, Mr. Kiran Kumar         Saksham Dhingra, Mr. Animesh Kumar, Ms.
of UBL, Mr. Perry Goes of UBL and Mr.          Shreya Joshi and Ms. Sree Ramya Hari,
Shekhar Ramamurthy of UBL:                     Advocates and Mr. Govind Iyengar, Senior
                                               VP Legal of UBL, Mr. Kiran Kumar in
                                               person, Mr. Perry Goes in person and Mr.
                                               Shekhar Ramamurthy in person
                                               Mr. Ramji Srinivasan, Senior Advocate
For Mr. Shalabh Seth of UBL:                   alongwith Mr. Gaurav Desai, Ms. Apurva
                                               Badoni and Mr. Shivkrit Rai, Advocates




Suo Motu Case No. 06 of 2017                                                          1
                                                    Mr. Prashanto Chandra Sen, Senior Advocate
                                                   alongwith Ms. Nisha Kaur Oberoi, Mr.
For Mr. Steven Bosch of UBL:
                                                   Gautam Chawla, Mr. Rishabh Juneja and Ms.
                                                   Shambhavi Sinha, Advocates
                                                   Mr. Manas Kumar Chaudhari, Mr. Pranjal
For Anheuser Busch InBev SA/NV (i.e.,              Prateek, Mr. Sagardeep Rathi and Ms.
Crown Beers India Private Limited and              Radhika Seth, Advocates alongwith Ms. Ajita
SABMiller India Limited):                          Pichaipillai, Legal and Compliance Director
                                                   of AB InBev
For Mr. Anil Arya of SABMiller India Ltd.:         Mr. Talha Abdul Rahman, Advocate
For Mr. Nilojit Guha of SABMiller India            Mr. Tahir Ashraf Siddiqui, Advocate with
Ltd.:                                              Mr. Nilojit Guha in person
For Mr. S. Diwakaran of SABMiller India
                                                   Mr. Shreyas Mehrotra, Advocate
Ltd.:
For Carlsberg India Pvt. Ltd. (CIPL), Mr.          Mr. Rajshekhar Rao, Ms. Manika Brar, Ms.
Anil Bahl of CIPL, Mr. Dhiraj Kapur of             Atrayee Sarkar, Mr. Anandh Venkataramani,
CIPL, Mr. Mahesh Kanchan of CIPL, Mr.              Mr. Nilav Banerjee, Ms. Kajori De, Ms.
Michael Jensen of CIPL and Mr. Nilesh              Afreen Abbassi and Ms. Raveena Sethia,
Patel of CIPL                                      Advocates alongwith Mr. Amit Sethi of CIPL
                                                   Ms. Deeksha Manchanda and Mr. Shruti Rao,
For Mr. Pawan Jagetia of CIPL:
                                                   Advocates
For All India Brewers' Association (AIBA):         Mr. Subodh Prasad Deo and Ms. Rinki Singh,
For Mr. Sovan Roy of AIBA:                         Advocates, with Mr. Sovan Roy in person

          ORDER UNDER SECTION 27 OF THE COMPETITION ACT, 2002

     Facts:

1.   The present matter was initiated by the Commission suo motu, pursuant to the filing of
     an application dated 26.07.2017 under Section 46 of the Competition Act, 2002 (the
     'Act') read with Regulation 5 of the Competition Commission of India (Lesser Penalty)
     Regulations, 2009 ('LPR') by Crown Beers India Private Limited ('OP-2') and
     SABMiller India Limited ('OP-3'), both ultimately held by Anheuser Busch InBev
     SA/NV ('Ab InBev'), against the captioned parties ('OPs'), for alleged cartelisation in
     relation to the production, marketing, distribution and sale of Beer in India.

2.   From the disclosures made in the lesser penalty application, the Commission noted that
     there appears to exist collusion amongst OP-2 and OP-3, along with United Breweries
     Limited ('OP-1') and Carlsberg India Private Limited ('OP-4'), to (i) align the prices of



Suo Motu Case No. 06 of 2017                                                                2
      Beer and (ii) seek/implement price adjustments in several States and Union Territories
     ('UTs') of India, irrespective of whether the model of distribution of alcohol (including
     Beer) therein was of corporation market, auction market or free market. The aim of the
     companies appears to be to ensure consistency in their pricing policies, in particular,
     price increases and to achieve this aim, OP-1 to OP-4 appears to have co-ordinated by
     way of a series of multilateral and bilateral meetings and e-mail exchanges amongst
     themselves as well as through the common platform of the All India Brewers'
     Association ('OP-5'). The Commission also noted that the period of such co-ordination
     between the OPs appears to be from as early as March 2005 till at least March 2017, and
     perhaps beyond.

3.   Noting the above, the Commission passed an order dated 31.10.2017 under Section 26(1)
     of the Act, forming an opinion that prima facie, the conduct of the OPs appears to be in
     contravention of the provisions of Section 3(1) read with Section 3(3)(a) of the Act, and
     consequently, directed the Director General ('DG') to cause an investigation into the
     matter and submit a report.

4.   During investigation, the DG conducted search and seizure operations on the premises of
     the OPs on 10-11.10.2018.

5.   Thereafter, applications under Section 46 of the Act read with Regulation 5 of the LPR
     were filed by OP-1 on 12.10.2018, by OP-4 on 15.10.2018, by Mr. Steven Bosch, Chief
     Financial Officer and Executive Director of OP-1, on 17.10.2018 and by Mr. Shalabh
     Seth, Chief Supply Officer at OP-1, former Managing Director of OP-3 and former
     Chairman of OP-5, on 08.01.2019.

     Findings of the DG:

6.   On 28.06.2019, the DG submitted the confidential version of its investigation report, and
     on 15.11.2019, the DG submitted the non-confidential qua OPs' version ('NCV qua
     OPs') of its investigation report. Thereafter, on 03.03.2020, the DG submitted the
     revised NCV qua OPs investigation report.




Suo Motu Case No. 06 of 2017                                                                3
 7.   With respect to the working of the Beer industry in India, the DG observed that, in India,
     the manufacture, production, possession, transport, purchase and sale of intoxicating
     liquors, including Beer, falls within the ambit of Item No. 8 in List II of the Seventh
     Schedule of the Constitution of India (i.e., the State List). Further, as per Item No. 51 of
     the State List, duties of excise on liquor is also a State subject. Furthermore, the DG
     noted that the sale of liquor (including Beer) does not fall within the ambit of the Goods
     and Services Tax ('GST'). As such, each State/UT in India has its own unique method of
     regulating the sale of liquor (including Beer) within its territory, leading to differences in
     pricing regulations and approvals, imposition of different taxes, different excise duties
     and differing terms of licensing, among others.

8.   The DG observed that across India, different States and UTs follow anyone of the
     following four major route-to-market models for the distribution and sale of Beer:

 (a) Corporation Model: The State Government runs the business through a separate public
      sector company/corporation, which is fully owned by the State Government. This
      monopoly corporate entity controls the pricing, distribution and retail of alcohol
      (including Beer). The Corporation procures Beer from the manufacturers, either
      directly or through an agency, by floating annual tenders, then sells it to consumers
      through a distribution network. This distribution network could comprise of retail shops
      owned by Government or by private retailers or a mix of the two. This is the model of
      distribution of alcohol prevalent in the States of Andhra Pradesh, Chhattisgarh,
      Himachal Pradesh (till 31.03.2018), Karnataka, Kerala, Madhya Pradesh, Odisha,
      Rajasthan, Tamil Nadu, Telangana, West Bengal (from 31.03.2018) and Jharkhand (till
      31.03.2019) and the UT of Dadra & Nagar Haveli. Pricing in these States/UTs tends to
      be heavily regulated.

 (b) Auction Market Model: In this model, the relevant State Excise Authorities auction the
      right to sell liquor (including Beer) in a particular geographical territory to an
      individual/company on an annual basis. The successful bidders distribute the products
      through retail outlets which are owned either by such bidders themselves or by other
      private parties licensed to sell liquor products by the State Excise Authority. The Beer
      manufacturers get the wholesale as well as retail prices of their products approved from



Suo Motu Case No. 06 of 2017                                                                     4
       the State Excise Department. For this, they are required to submit cost cards which
      include Ex-Brewery Price ('EBP') and the implication of relevant taxes and duties in
      such States. The terms of sale are executed between the manufacturer and successful
      bidder(s). The Beer manufacturers sell to the licensed outlets/wholesalers, and then the
      wholesalers sell to the retailers. This model of distribution is followed in Haryana,
      Punjab, Uttar Pradesh (till 31.03.2018) and Jharkhand (from 01.04.2019).

 (c) Open/Free Market Model: In this model, beer manufacturers have private distributors,
      and these distributors, in turn, sell to private retailers. The manufacturers are required to
      declare the Maximum Retail Price ('MRP') and get the same approved by the relevant
      Government Department. However, Beer manufacturers have substantial freedom in
      fixing the MRPs of their Beer. This model is followed in Arunachal Pradesh, Assam,
      Goa, Himachal Pradesh (from 01.04.2018), Jammu & Kashmir, Maharashtra,
      Meghalaya, Mizoram, Sikkim, Tripura, Uttar Pradesh (from 04.04.2018), Uttarakhand,
      West Bengal (till November 2017) and the UTs of Andaman & Nicobar, Chandigarh,
      Daman & Diu and Puducherry.

 (d) Hybrid Model: This distribution market has features of both Corporation and Open
      Market. The State Government forms its own Corporation to procure and distribute
      liquor products in the territory. It also grants open licences to wholesalers and retailers
      to sell the product within the State. The hybrid model is currently being followed in the
      National Capital Territory ('NCT') of Delhi only, where prices of different liquor
      products for supply to the Corporations are fixed by the Delhi Government based on the
      lowest price in neighbouring states. 60% of distribution and retail outlets in Delhi are
      controlled by the four Corporations created by the State Government, and the remaining
      40% of distribution and retail outlets are held by private entities.

9.   As per the DG, irrespective of the type of distribution market, State Governments play a
     key role in setting the Excise duties and retail prices of Beer. Given such a regulated
     nature of the Beer industry, any change in the price of Beer has to be gotten approved
     from the State Government. Hence, in all marketing models, the price increase proposals
     are put forth by the Beer companies, then accepted by the State Government. Beer
     manufacturing companies are required to periodically submit their cost cards setting out



Suo Motu Case No. 06 of 2017                                                                     5
     the costs of production and sales for each stock keeping unit ('SKU') and brands to the
    Excise Authorities of respective State. Pursuant to such review, the respective cost cards
    (including details such as EBP, Promotional costs, if any, etc.) are approved by State
    Excise Authorities. Besides, in certain States, the wholesaler and retailer profit margins
    are also fixed by Government Authorities. Thus, the EBP, applicable Excise duties,
    taxes, various types of fees, and wholesalers' and retailers' margin form part of the MRP
    of Beer to be sold in a particular State. Since the taxation of Beer falls within the taxation
    powers of the respective State, export fees are levied on any product exported out of the
    State, in addition to the Excise duty payable on such a product. Similarly, import fees are
    levied by the State to which the product manufactured in another State is transported for
    sale. Thus, the EBP/Landing Cost/cost cards submitted by the Beer manufacturers to the
    Government are crucial to determine the overall price of Beer and the profitability of the
    Beer manufacturers.

10. The EBP of Beer declared by Beer companies in their cost cards is the initial base figure
    for the calculation of the corporation/bidder's purchase price (Landed Cost), Government
    taxes and levies and wholesalers' and retailers' margin. Since the rates of government
    taxes and levies, wholesalers' margin and the retailers' margin are worked out on the
    basis of percentage, the EBP of Beer can also be calculated by taking MRP as the base
    and doing reverse calculation. The desired MRP inserted in the formula-based cost card
    will back-calculate the EBP, which the brewer then submits in the tender/price increase
    applications. Thus, Beer companies may either seek higher EBP fixation by the State
    Government or ask for higher MRP and align their EBP to it through reverse calculation.

11. In the above scenario, based on the evidences collected during search and seizure
    operations, including recording of statements on oath of key persons of the OPs, replies
    received to the notices issued under Section 41(2) read with Section 36(2) of the Act,
    information collected from the public domain, etc., the DG delineated the following two
    issues for investigation and gave its findings in its investigation report as under:

  (1) Whether the OPs indulge in cartelisation in the domestic Beer market in India in
      contravention of the provisions of Section 3 of the Act?




Suo Motu Case No. 06 of 2017                                                                    6
    (i) Corporation Markets - The documents collected during the investigation reveal that,
        in certain States where the Corporation Model of distribution of liquor is followed
        (Andhra Pradesh, Odisha, Karnataka, Rajasthan and West Bengal), OP-1, OP-3 and
        OP-4 had been in regular contact with each other prior to submitting their bids to the
        Corporations and even while seeking price revisions in EBP and MRP of their Beer
        variants offered for sale to the Corporations. In the States of Karnataka and Rajasthan,
        the trends of MRP revisions of OP-1, OP-3 and OP-4 of strong Beer 650ml SKUs also
        show price parallelism.

   (ii) Free/Open Markets - In the States and UTs that follow the Open/Free Market Model
        of distribution of liquor, even though Beer manufacturers have a lot of freedom in the
        fixation of prices of Beer, OP-1, OP-3 and OP-4 co-ordinated amongst themselves to
        fix the prices of the Beer they sold (in Maharashtra, West Bengal and the UTs of
        Puducherry and Daman) to maintain their market share and also have identical MRPs
        approved by the State Government. In the State of Maharashtra, the trend of MRP
        revisions of strong Beer 650ml SKUs of OP-1, OP-3 and OP-4 also shows price
        parallelism.

   (iii) Hybrid Market - In the Hybrid Market of Delhi, in order to get favourable price
        revisions from the State Government, OP-1, OP-3 and OP-4 joined hands to discuss
        their pricing strategies and exchanged cost cards to co-ordinate their prices.

   (iv) Auction Market - With respect to States following the Auction Model, no comments
        are being made with regard to the indulgence of the OPs, if any, in any anti-
        competitive activity.

                From the above, the DG concluded that OP-1, OP-3 and OP-4 indulged in the
        exchange of vital information amongst themselves about pricing and other
        confidential and business-sensitive information. They also mutually agreed on price
        revisions (both MRP as well as EBP) to be sought from the respective State
        Governments. There were a number of e-mail communications/WhatsApp
        messages/SMSs and even conference calls exchanged between the top managerial
        personnel of these three companies to decide upon the price revisions to be sought in
        their individual price revision requests, follow-up with State Government Authorities


Suo Motu Case No. 06 of 2017                                                                  7
         and even co-ordinating a common response to the Show-Cause Notices issued by
        certain State Excise Commissioners. These companies approached the State
        Governments collectively through the common platform of OP-5 to get price
        revisions to agreed levels so as to avoid price wars among themselves. As such, OP-1,
        OP-3, OP-4 and OP-5 have contravened the provisions of Section 3(3)(a) read with
        Section 3(1) of the Act.

   (v) Sharing Sales and Stock Data - OP-1, OP-3 and OP-4 have also been sharing their
        periodical sales and sales data with each other as a monitoring mechanism to check
        that each has adhered to the 'understanding/agreement' reached among them, besides
        monitoring their inter se market share in different States, as well as nationally.

   (vi) Agreement to Limit/Restrict Supply - In addition, OP-1, OP-3 and OP-4 also
        collectively decided upon the strategy to oppose Government policies (including
        fixation of prices). In a few cases, for instance in Odisha, Maharashtra and West
        Bengal, whenever State Governments hiked the Excise duty or reduced EBP/MRP of
        Beer, these three OPs collectively decided to stop production and supplies in the State
        in contravention of the provisions of Section 3(3)(b) read with Section 3(1) of the Act.

   (vii) Sale to Premium Institutions in Bengaluru - Since premium institutions (bulk buyers)
        are a significant platform for Beer manufacturers to promote their products, Beer
        companies offer marketing support to premium institutions in the form of financial
        incentives for special offers/events around their brands. OP-1 and OP-3 'agreed' to
        co-ordinate with respect to premium institutions/bulk buyers in Bengaluru and shared
        the costs and benefits while keeping competition out.

 (viii) Purchase of Second-Hand Bottles - OP-1 and OP-3 had an 'understanding' to share
        their off-take of old bottles from the market for reuse in their breweries. Further, they
        also agreed upon the rate at which they would procure such bottles from bottle
        collectors. They also closely monitored each other's purchase of old bottles. They had
        colluded amongst themselves regarding the number of truckloads of second-hand
        bottles each would buy for reuse in its bottling plants. They had also decided upon the
        rate at which they would buy such bottles from the market. All Beer companies are
        hugely dependent on second-hand used bottles in their production cycle since bottles


Suo Motu Case No. 06 of 2017                                                                   8
         constitute the largest cost component for Beer manufacturers. As such, limiting the
        volume of the bottles each could procure from bottle collectors has the direct effect of
        limiting the production of Beer by the companies.

   (ix) Role of OP-5 - OP-1, OP-3 and OP-4 used to hold discussions among themselves
        about their prospective quotes and the way forward with State Excise departments,
        and the representatives of these member companies used to meet Excise Authorities
        under the umbrella of OP-5 so that there would collectively be better chances of
        getting price increases. On its part, OP-5 also proposed the rates/quantum of price
        revisions to be applied for before the State Government. Besides, to facilitate one-to-
        one discussions among its member companies on various issues, including pricing,
        OP-5 also arranged conference calls among the top managerial personnel of the
        companies. As such, OP-5, through its practices, decisions and conduct of its office-
        bearers, facilitated the anti-competitive agreement/understanding and concerted action
        between OP-1, OP-3 and OP-4.

   (x) Awareness of Competition Issues - There are multiple e-mails which evidence that
        OP-5 as well as OP-1, OP-3 and OP-4 were aware that their joint representations on
        pricing to Government Authorities and discussions with competitors on restraint of
        trade, pricing etc., violate the provisions of competition law. The top managerial
        personnel of the OPs had warned/advised each other from holding such discussions on
        OP-5's platform. However, the parties continued to participate in such discussions
        with each other and also involved OP-5, while making joint representations to State
        Government Authorities on pricing issues.

   (xi) Period of Cartel - Price co-ordination and information exchange amongst OP-1, OP-3
        and OP-4 began prior to 20.05.2009 (since 2007), when the provisions of Section 3 of
        the Act came into force, and continued at least upto 10.10.2018, the date on which the
        search and seizure operations were commenced by the DG. OP-5's platform had been
        used since 2013 onwards.

  (2) In case the answer to Issue No. 1 is affirmative, who were the persons of the OPs liable
      for their company's/association's conduct in terms of Section 48 of the Act at the time
      of the said contravention and what were their roles?


Suo Motu Case No. 06 of 2017                                                                  9
    (i) The DG identified the following two persons from OP-1, three persons from OP-3 and
        three persons from OP-4 to be liable in terms of the provisions of Section 48(1) of the
        Act:

      Company             Name                              Designation
                   Kalyan Ganguly       Former Managing Director from 2009 till July 2015
                                        Managing Director since 01.08.2015, Former Joint
        OP-1       Shekhar              President from September 2012 till July 2015 and
                   Ramamurthy           Former Deputy President from October 2007 till
                                        August 2012
                   Paolo        Alberto Former Managing Director from June 2009 till
                   Francesco Lanzarotti 2012
                   Grant        Murray Former Managing Director from August 2013 till
                   Liversage            December 2014
                                        Former Managing Director from January 2015 till
        OP-3
                                        31.10.2016, Former Sales Director from April 2012
                                        till 2014 and Former Director Supply Chain from
                   Shalabh Seth
                                        2009 till March 2012
                                        (Is presently working as Chief Supply Chain
                                        Officer of OP-1)
                                        Former Managing Director from 2010-11 till
                   Soren Lauridsen
                                        March 2014
                                        Former Managing Director from April 2014 till
        OP-4       Michael     Norgaard
                                        April 2017 and Former Deputy Managing Director
                   Jensen
                                        from June 2013 till March 2014
                   Nilesh Patel         Managing Director since May 2017

   (ii) Further, the DG identified the following three persons from OP-1, three persons from
        OP-3 and four persons from OP-4 to be liable in terms of the provisions of Section
        48(2) of the Act:

      Company            Name                              Designation
                                    Former Executive Director and Chief Financial Officer
                    Steven Bosch
                                    till 01.01.2019
                                    Chief Sales Officer since 28.08.2017, Former Executive
         OP-1
                                    Vice President Sales from July 2014 till June 2017 and
                    Kiran Kumar
                                    Former Senior Vice President Sales from July 2009 till
                                    June 2014



Suo Motu Case No. 06 of 2017                                                                10
       Company            Name                              Designation
                    Perry Goes      Head of Strategic Planning & Analytics till 28.08.2017
                                    Former Sales Director from January 2015 till 15.11.2016
                    Nilojit Guha    and Former Vice President Sales Control from May 2011
                                    till December 2014
                                    Former Vice President Sales till 15.11.2016, Former Vice
                    Suryanarayana President Sales South from May 2011 till 2016 and
                    Diwakaran       Former General Manager Sales South from 2009 till
                                    April 2011
         OP-3
                                    Former Director Solutions Business Unit India from June
                                    2017 till 15.10.2018, Former Vice President Financial
                                    Control from October 2014 till May 2017, Former
                    Anil Arya       General Manager Operations Finance from August 2012
                                    till September 2014, Former General Manager Decision
                                    Support Sales from May 2011 till July 2012 and Former
                                    Head Decision Support Sales from 2009 till April 2011
                                    Former Deputy Managing Director from September 2014
                    Pawan Jagetia
                                    till March 2018
                    Dhiraj Kapur    Vice President Corporate Affairs
                                    Vice President Mont and Premium Business since 2018
         OP-4
                    Anil Bahl       and Former Sales Director/Sales Head/Vice President
                                    Sales from 2009-10 till 2017-18
                    Mahesh          Former Vice President Marketing (Head Marketing) from
                    Kanchan         2014-15 till 2018-19

   (iii) Furthermore, with respect to OP-5, the DG identified Mr. Sovan Roy (alias Mr.
        Shobhan Roy), the Director General of OP-5 since 07.01.2013, to be liable in terms of
        Section 48 of the Act.

    Proceedings before the Commission:

12. Upon consideration of the investigation report submitted by the DG, the Commission,
    vide orders dated 26.11.2019 and 12.03.2020, forwarded an electronic copy of the NCV



Suo Motu Case No. 06 of 2017                                                                 11
     qua OPs' investigation report to the OPs and their 19 respective individuals identified by
    the DG to be liable in terms of the provisions of Section 48 of the Act (collectively
    known as the 'parties').

13. The parties were given an opportunity to file their suggestions/objections, if any, to the
    investigation report of the DG, along with a brief synopsis thereof. Further, the OPs were
    directed to file their duly audited financial statements, including Balance Sheets and
    Profit and Loss Accounts for the Financial Years ('FYs') 2009-10 till 2018-19 along
    with their revenue and profit details arising from the sale of Beer in India for the above-
    stated FYs, duly certified by a chartered accountant, and their 16 individuals were
    directed to file their income details, including Income Tax Returns ('ITRs') for the FYs
    2016-17 till 2018-19.

14. Between July and December 2020, the parties filed their suggestions/objections to the
    investigation report of the DG and relevant financial details. Thereafter, on 11.02.2021
    and 02.03.2021, the Commission heard the oral submissions made on behalf of the
    parties on the DG report and on the respective applications for lesser penalty filed under
    Section 46 of the Act. The Commission decided to pass an appropriate order in the
    matter in due course. Thereafter, the parties submitted their respective written arguments.

    Submissions of the parties:

15. In their suggestions/objections to the DG report, during the oral hearings and in their
    convenience compilations and written arguments, the parties made the following
    submissions:

 15.1 United Breweries Limited (OP-1)

 15.1.1    Highly regulated industry - The Beer market in India is highly regulated. Every
           aspect of Beer value chain, from production and dispatch, pricing, labelling and
           packaging, exports, to purchase and sale, issuance of licences, and imposition of
           special duties/taxes is controlled by State Authorities. In view of such regulations
           and control, the role of Beer manufacturers in the market is very limited. Beer
           manufacturers have negligible control over critical variables that influence demand
           and competition and ensure healthy profitability and growth in the market, and this


Suo Motu Case No. 06 of 2017                                                                 12
            imbalance significantly distorts the Beer market, often putting viability of the
           business and survival of Beer manufacturers in the market at risk. The extremely
           imperfect market conditions make the market for manufacture and sale of Beer a
           peculiar market, unlike other sectors of the Indian economy. As such, applying the
           same standards that the Commission applies to enterprises that manufacture and
           retail their products in conditions that do not present such unique challenges to
           enterprises involved in the Beer industry in India, would lead to an outcome that
           would be contrary to the spirit of the law as set out in the Act.

 15.1.2    No hardcore cartel - The present matter bears no similarity to a typical case of
           cartelisation, as (i) given the complex and peculiar nature of the Beer industry, the
           information (cost cards, draft price increase letters and company sales information)
           shared cannot be considered commercially sensitive as the same did not have the
           ability to enable the parties to use it and determine or influence prices or any other
           aspects of Beer industry trade; (ii) information exchanges were infrequent and
           lacked any specific trend or predictability in terms of timing or objective; and (iii)
           OP-1 or any other OP neither had the scope nor the intention to control or
           determine market dynamics, including prices.

                   An information exchange that practically has no likelihood and has in fact
           not caused any appreciable adverse effect on competition ('AAEC') and was rather
           forced upon by market conditions should be distinguished from an anti-competitive
           cartel under Section 2(c) of the Act. The draconian laws and practices adopted by
           the States make it impossible for Beer companies to compete in the ordinary course
           of business.

                   The DG has found contravention of the provisions of Section 3(3)(a) of the
           Act, i.e., "directly or indirectly determining purchase or sale prices". As
           determination of prices of Beer is solely in the hands of the State and the Beer
           manufacturers are only price takers, the very question of the OPs making an
           attempt to determine the prices does not arise. Increase in consumer prices of Beer
           in the States was, in most instances, on account of State Government's actions and
           not on account of communications or actions on part of OP-1 and other OPs.



Suo Motu Case No. 06 of 2017                                                                  13
                    Also, with regard to contravention of the provisions of Section 3(3)(b) of
           the Act, the DG has recorded only four instances of co-ordination amongst the OPs
           in disrupting the supply of Beer in the states, i.e., in Odisha (for less than two
           months during 2015), in Maharashtra (for about two months during 2017), in West
           Bengal (about two months during 2018) and in Rajasthan (for about one week
           during 2018) which too were necessitated due to arbitrary actions of the State
           Governments.

                   A mere occurrence of a meeting/exchange of information does not signal or
           establish the possibility of an 'agreement'. Further, in most cases, exchange of
           information among OP-1 and other OPs was not even implemented/realised.
           Hence, all evidence, their credibility and facts surrounding the circumstances have
           to be weighed in, and the DG cannot conduct a complete and effective
           investigation without first understanding the market realities and industry
           dynamics.

 15.1.3    Exchange of information to exert countervailing power - OP-1 and other OPs
           indulged in information exchange either at the insistence of Government officials
           or, in most cases, to counter the arbitrary actions of the State Government or State
           Corporations for legitimate interests. By communicating with each other, the OPs
           were only trying to exert countervailing power in response to the market power of
           the monopsonist State Authorities. Every e-mail exchanged by OP-1 in regard to
           all nine States/UTs in respect of which the DG has found contravention of the
           provisions of the Act by OP-1 can be explained in this context.

 15.1.4    Exchange of information at instance of State Authorities - Several instances of
           objectionable information exchange as identified by the DG, were on account of
           directions from certain State Corporations itself. In such cases, the OPs, including
           OP-1, were forced to discuss and collaborate even on commercially sensitive
           issues, such as price increase proposals, sales data, sales targets, etc. Even in cases
           where OP-1 and other OPs did not discuss or collaborate on prospective price
           increases, the State Corporations shared details from the cost cards submitted by
           other OPs to drive a bargain with OP-1 and vice-versa or to stall legitimate



Suo Motu Case No. 06 of 2017                                                                   14
            attempts for seeking a price increase by OP-1. In such cases, OP-1 or any other
           Beer company would not have any option but to comply with the directions of
           State officials. Transparency in prices of competitors existed largely due to the
           practices adopted by State Governments or State Corporations. To that extent,
           competition on pricing amongst Beer manufacturing companies was diminished
           not due to the conduct of OP-1 or other OPs but owing to the arbitrary interference
           by the State Governments and State Corporations. This problem became multi-fold
           due to the onerous and complex pricing policies of the State Governments and
           State Corporations, leaving almost no scope for Beer manufacturing companies to
           compete freely and fairly on merits.

 15.1.5    State Authorities not approached by the DG - The DG has not reached out to any
           State Corporation to: (i) corroborate the evidence already collected; (ii) seek
           additional evidence; or (iii) seek their views on the functioning of the Beer industry
           in India.

 15.1.6    Mere exchange of information/communications is insufficient to prove existence of
           a cartel - Merely exchanging information with competitors is insufficient to
           establish that the Parties were acting in a co-ordinated manner contrary to the
           provisions of the Act. Evidence of information exchange has to be considered in
           conjunction with evidence establishing that: (i) the agreed co-ordinated behaviour
           was implemented/realised in the market; and (ii) such behaviour resulted into
           AAEC and/or consumer harm. The information exchange/discussions between OP-
           1 and other OPs on prices (i.e., EBP quoted) did not actually translate into EBP
           approved by the State Corporations.

 15.1.7    Collective representation by Industry Participants - The DG has mischaracterised
           the legitimate discussions and sharing of information amongst the OPs for making
           collective representations on behalf of the industry to the State Governments and
           State Corporations as communications for cartelisation. While, as a practice, OP-1
           does not engage with OP-5 for any sales or pricing-related issues, it is only at the
           insistence of State Corporations (like Rajasthan and West Bengal) directing that
           any representation to them be routed through OP-5 that OP-1 was forced to engage



Suo Motu Case No. 06 of 2017                                                                  15
            with OP-5 and seek their intervention. OP-5 was at best the mouthpiece of the Beer
           industry for engaging with State Corporations for complex regulatory
           impediments. OP-1's interactions with OP-5 was limited to being a member of the
           industry body and being a significant player in the market, to provide support and
           insight over policy-related matters which had an impact on the industry as a whole.
           Representations were made by the OPs through OP-5 only to raise legitimate issues
           faced by the Beer industry as a whole and not for the benefit of only the OPs or
           certain specific Beer manufacturing companies. The results, if any, of joint
           representations/actions were equally relevant for and applicable to the industry and
           did not specifically benefit only the OPs.

 15.1.8    Disruptions in Supply due to abrupt and arbitrary changes in State Policies -
           Restriction on supplies by various OPs at different times in the States of Odisha,
           Maharashtra and West Bengal was necessitated due to significant and arbitrary
           increase in duty by respective State Authorities, which made it commercially
           unviable for OP-1 to undertake any supplies until the State Government, based on
           common representation, agreed to a duty reduction. The act of supply disruptions
           was not intended to form any quantity-restricting cartel for earning supra-normal
           anti-competitive profits. Further, such disruptions were only for very short
           durations of time and though the broad range of the OPs stopping such supplies
           may have been the same, stoppage duration for each OP was dependent on the
           exhaustion of its stock and resumption of production based on availability of raw
           materials etc. In any event, restrictions on supplies affected the business interests
           of the OPs only, and it was not in their favour to take such action which would be
           detrimental to their own interests. If that were the case, then the instances of such
           purported co-ordination would not be limited to the few that have been found by
           the DG. This evidences that such co-ordination was only a last resort to survive in
           the market.

 15.1.9    Purchase of Second-hand Bottles - Bottles constitute the largest proportion of cost
           for Beer manufacturers (over 30%). Prior to 2010, all Beer manufacturers used the
           same bottles in terms of design for packaging their Beer, i.e., Industry Bottles. The
           Beer manufacturers would collect these bottles back from bottle collectors and


Suo Motu Case No. 06 of 2017                                                                 16
            reuse them. This was because the price of old bottles was almost two-to-three times
           less than the price of new bottles. However, due to practices in the industry
           regarding buying back of old bottles, which included old bottle collectors hoarding
           the bottles and regional players not injecting new bottles into the market but buying
           back stock of old bottles (initially injected by the larger manufacturers), the price
           of old bottles increased over time. This drove OP-1 to launch its own patent bottles
           in 2010. Due to this, various other Beer manufacturers also launched their own
           patent bottles. Hence, the OPs discussed amongst themselves the prices at which
           they would buy back the old Industry Bottles from collectors to safeguard
           themselves from increasing costs of old bottles. OP-1 and OP-3 discussed and
           agreed on the basic price for procuring both old standardised Industry Bottles as
           well as patent bottles to ensure optimal cost management and improve efficiency in
           procurement of old bottles, as well as, to prevent hoarding of old bottles by
           suppliers. Any price rise in the cost of procuring bottles would have to be passed
           on to the end consumers leading to further increase in the Beer retail prices which
           were already quite high owing to excessive State Government levies and taxes.
           However, the prices that the OPs had agreed to for buying back their own patent
           bottles also could not be met.

                   Further, there was no attempt to limit the volume of procurement of bottles,
           as that would be detrimental to OP-1's supply of Beer. From the various e-mail
           correspondences, it is evident that the OPs had exchanged information and
           discussed bringing an organised structure to an extremely unregulated market of
           procuring Industry Bottles that were commonly used by all the OPs until patent
           bottles were introduced. At the time of this transition, Industry Bottle collectors
           and suppliers took advantage of the low elasticity of demand and created an
           artificial scarcity, thereby turning each OP against the other and creating a mirage
           of collusion. The end result was that OP-1 ended up buying its own bottles at
           higher prices, and any sort of discussion between the OPs to forestall the Industry
           Bottle suppliers from taking advantage of the situation never fructified.




Suo Motu Case No. 06 of 2017                                                                 17
  15.1.10 No AAEC in India - There has been no AAEC in India, as understood under
           Section 3(3) read with Section 3(1) of the Act, because of the conduct of OP-1. The
           consumers were not being impacted due to the price increases of EBPs sought by
           the OPs. The unreasonable increase in price for consumers was a result of the
           frequent and significant increase in taxes, levies and Excise duties imposed by the
           State Governments while the OPs continued to function for long periods at the
           same EBPs.

                   Further, OP-1 was forced to engage in communications with its competitors
           only as a means to counter the monopsony powers exercised by the State
           Governments. Its discussions were not to "control or attempt to control the
           production, distribution, sale or price of, or trade in goods" aimed at illegitimate
           gains, as would have been the case if the discussions were pursuant to a cartel;
           rather, at times, exchange of information or interactions were caused at the
           insistence of officials of the Governments or the State Corporations.

                   The conduct of OP-1 does not meet the factors inscribed in Section 19(3) of
           the Act. The conduct was not intended to nor did it: (i) create entry barriers for new
           entrants in the market; (ii) drive existing competitors out of the market; or (iii) in
           any way, foreclose competition.

                   Notwithstanding instances of certain exchange of information for price
           increases submitted to states such as Rajasthan and Andhra Pradesh, there was no
           impact at all on the relevant State Excise Corporations' decisions to not allow price
           increases for many years. This itself shows the futility of the purported anti-
           competitive conduct by OP-1 and other OPs.

                   If anything, the intermittent instances of either information exchange or
           discussions by OP-1, and few instances of purported co-ordination with its
           competitors, was intended, in most instances, to safeguard consumers from absurd,
           arbitrary and unreasonable price increases and, in other instances, in an attempt to
           counter the single-minded, unreasonable, arbitrary acts, omissions and monopsonic
           conduct of the relevant State Corporations and State Governments. State
           Governments have significant control over the price of Beer - they limit the ability


Suo Motu Case No. 06 of 2017                                                                  18
            of the Beer manufacturers to increase the prices; however, continue to raise taxes
           and hence, consumer price.

                   OP-1 had engaged Nathan Economic Consulting India Private Limited
           ('Economic Consultant') to undertake an independent economic assessment to
           determine: (i) if the co-ordinated decisions of OP-1 and its competitors were
           actually implemented/realised in the market; and (ii) if the information
           communication among OP-1 and its competitors had any AAEC and consumer
           welfare in the market. The findings of the Economic Consultant were filed with the
           DG and the Commission in the form of an Economist Report. The Economist
           Report establishes that the information exchange, discussions and few instances of
           purported co-ordination between OP-1 and its competitors have not caused AAEC
           in the Beer market in India for the following reasons:

         (i) Declining profits/losses of OP-1 in most states where cartelisation has been
              found by the DG are evidence that the information exchange was not driven by
              the goal of earning supra-normal profits.

         (ii) Growth in consumer prices exceeds growth in EBP.

         (iii) Information exchange and discussions amongst OPs did not have any effect on
              approved EBPs and thus, on the market. In fact, approved EBPs for the OPs
              were also not uniform in several instances.

                   There was also no AAEC on account of parallel pricing, since the OPs did
           not have a motive to gain extraordinary prices but to counteract the practices of the
           State Governments.

                   Discussions regarding second-hand bottles also did not lead to AAEC as
           they were undertaken to: (i) avoid significant increase in retail prices for
           consumers; (ii) implement optimal cost management in procurement of old bottles;
           and (iii) improve efficiency in such procurement. Anyhow, such discussions
           between OP-1 and OP-3 were not implemented. Commercial rationale behind
           taking off their bottes from market by OP-1 was that State Governments did not
           allow the OPs to pass on their costs to the consumers and hence, the OPs were


Suo Motu Case No. 06 of 2017                                                                 19
            forced to control the prices of their bottles in the market because bottles constitute
           over 30% cost for a Beer manufacturer. Hoarding of old bottles by bottle collectors
           and no injection of new bottles by smaller Beer manufacturers in the industry
           resulted in significant increase in buy-back price of old bottles for OP-1 and its
           competitors, and thus, drove OP-1 to launch its own patent bottles in 2010.

                   The one-off incident of discussion related to premium institutions never
           resulted into an agreement or was implemented, and there was no AAEC.

 15.1.11 Market conditions post 10.10.2018 remain exactly the same as those existing prior
           to cessation of the purported co-ordination amongst the OPs.

 15.1.12 OP-1's market shares (based on sales volume for Kingfisher Strong ('KFS')
           650ml) fluctuated significantly from 2008-09 to 2019-20 (until September 2019),
           across most states. At all India level, across all Beer brands, market share of OP-1
           remained similar, however, market share of OP-4 increased from 3% in 2009-10 to
           16% in 2018-19 and that of OP-3 decreased from 23% to 12% during this period.
           This is contrary to an outcome achieved through collusive means. Changes in
           market shares of OP-1 and its competitors are indicative of volume-based
           competition in the Beer market.

 15.1.13 Value addition and lesser penalty - OP-1 in its lesser penalty application and
           submissions made thereafter explained the modus operandi and chronology of
           related events to each communication/interaction amongst the OPs. Further, OP-1
           provided context to the information exchange amongst the OPs, including
           information exchanged due to suggestion/requirement of the State Corporation.
           OP-1 also submitted to the DG, instances of sharing of information with regard to
           their revenue, stock movement, sales and stock held with the distribution channel,
           which information was not in possession of the DG beforehand. OP-1 further made
           significant value addition to the investigation by submitting instances of exchange
           of pricing information amongst the competitors in additional states of Karnataka
           and West Bengal, and UTs of Puducherry and Daman and Diu. The DG has also
           relied upon price increase information submitted by OP-1. OP-1 also submitted
           information, evidence and instances of limiting/restricting supply of Beer by the


Suo Motu Case No. 06 of 2017                                                                  20
             OPs in an attempt to protest against the increase in prices or duties on Beer
            production or sale in certain states like Maharashtra. The order dated 31.10.2017
            passed by the Commission forming prima facie opinion does not talk about
            interactions amongst the OPs for the purchase of second-hand bottles. Information
            pertaining to interactions/communications regarding purchase of second-hand
            bottles was given by OP-1. Similarly, information regarding the exchange of
            communications relating to premium institutions and using the platform of OP-5
            was also given by OP-1 only. Though some of the evidences furnished by OP-1
            have not been considered by the DG in arriving at its conclusions, the same led to
            significant value addition to the investigation.

                   During the course of the investigation, OP-1 had provided: (i) copies of
            communications between OP-1 and other OPs; (ii) cogent data to provide a context
            to such communications; and (iii) facts demonstrating that there was no AAEC
            because of such communications. However, the DG has not considered all the
            information provided by OP-1 in an effective manner.

 15.1.14 Penalty and Mitigating Factors - No penalty ought to be imposed as the present is
            not a typical case of cartelisation. Imposition of penalty on the OPs will have far
            reaching consequences on highly constrained Beer industry. The Commission
            ought to consider (i) hardships faced by Beer manufacturers; (ii) the fact that
            discussions amongst the OPs were a natural reaction to counter the monopsonist
            State departments' exploitative practices; and (iii) the fact that there has been no
            AAEC, while deciding if penalty ought to be imposed.

                   Further, the following mitigating factors ought to be considered:

           i.   Instances of interaction amongst the OPs were sporadic and limited only to
                certain states;
          ii.   No harm to consumers caused;


         iii.   Information exchange did not have any effect on the approved EBPs since the
                relevant State Governments decided not to allow the increase, in some




Suo Motu Case No. 06 of 2017                                                                 21
                 instances, year after year, nor did the State Governments allow reductions in
                EBP;
          iv.   Co-ordination in supply disruptions was to convince the State Departments to
                not increase Excise duties unreasonably;
          v.    Information exchange and communication regarding premium institutions and
                buy back prices of old bottles were never implemented;
          vi.   Beer market was characterised by intense volume-based competition amongst
                the OPs as evidenced by Economic Consultant's report;
        vii.    OP-1 had initiated a detailed internal investigation in June 2018 prior to
                Search and Seizure operations of the DG;
       viii.    OP-1 has also drafted and implemented a comprehensive and robust
                competition compliance manual which provides guidance to the company and
                its employees on compliance with the relevant laws and regulations (including
                competition law) which is updated from time to time; and
          ix.   OP-1 has extended full co-operation and provided value additions to the DG's
                investigation.

                   Also, if penalty is imposed, the same should be on the basis of principle of
            proportionality and relevancy of infringement to the turnover from the cartel
            participant as envisaged by the Hon'ble Supreme Court in Excel Crop Care
            Limited v. Competition Commission of India and Another (2017) 8 SCC 47. The
            Commission should consider turnover or profits (as applicable) of OP-1 from the
            sale of Beer only in states affected by OP-1's conduct. Further, the Commission
            should not consider entire time period of investigation (i.e., FY 2009-2010 to FY
            2018-2019) and should only consider actual duration of discussions in such states
            as the evidence on record clearly establishes that the discussions were not
            continuous in nature.

 15.2 Mr. Kalyan Ganguly, former Managing Director of United Breweries Limited

 15.2.1     The DG Report is in violation of the principles of natural justice in relation to the
            findings against Mr. Ganguly under Section 48(1) of the Act. The DG did not grant
            Mr. Ganguly an opportunity to present his defense during investigation.



Suo Motu Case No. 06 of 2017                                                                  22
  15.2.2    During his tenure as the Managing Director of OP-1, Mr. Ganguly was involved in
           decision making based on inputs from established senior management teams
           comprising of senior most executives of the various business verticals like sales,
           analytics, marketing, supply chain and finance. As the Managing Director, Mr.
           Ganguly was not involved in day-to-day operations of OP-1. In his role as
           Managing Director, Mr. Ganguly involved himself only in relation to key and
           strategic discussions and decisions in relation to operations and management of
           OP-1. As such, since Mr. Ganguly was not involved in day-to-day affairs of OP-1,
           there was no reason for him to be aware of the alleged conduct.

 15.2.3    In the entire DG Report, the DG has relied on two e-mail communications dated
           01-02.06.2010 and 18.05.2011 to affix liability under Section 48(1) of the Act on
           Mr. Ganguly. The DG has taken no effort whatsoever to independently corroborate
           the fact that Mr. Ganguly had knowledge of the alleged anti-competitive conduct of
           OP-1. Mr. Ganguly was the Managing Director of OP-1 at the time and was as
           such, marked on several e-mails, not necessarily aimed at bringing these issues to
           his attention or seek his inputs. As Managing Director, Mr. Ganguly was not
           involved in day-to-day activities of OP-1.

 15.3 Mr. Shekhar Ramamurthy, Managing Director of United Breweries Limited and
        former Chairman of All India Brewers' Association

 15.3.1    During his tenure as the Managing Director of OP-1, Mr. Ramamurthy was
           involved in decision making based on inputs from established senior management
           teams comprising senior most executives of various business verticals like sales,
           analytics, marketing, supply chain and finance. As the Managing Director, Mr.
           Ramamurthy was not involved in day-to-day operations of OP-1. In his role as
           Managing Director, Mr. Ramamurthy involved himself only in relation to key and
           strategic discussions and decisions in relation to operations and management of
           OP-1. As such, since Mr. Ramamurthy was not involved in day-to-day affairs of
           OP-1, there was no reason for him to be aware of the alleged conduct.




Suo Motu Case No. 06 of 2017                                                              23
  15.3.2    Mr. Ramamurthy, as Managing Director of OP-1 at the time, was marked on
           several e-mails, not necessarily aimed at bringing these issues to his attention or
           seek his inputs. As Managing Director, Mr. Ramamurthy was not involved in day-
           to-day activities of OP-1. He was rather entrusted with management of the business
           which inter alia included appointing distributors, dealers, marketing and
           sponsorship agencies, register and develop intellectual property rights, procure
           registrations, execute share/debenture certificates etc. He was also required to
           undertake initiatives for corporate social responsibility, apply for licenses and
           permits etc. in the ordinary course of business and perform all other functions as
           Managing Director.

 15.3.3    Relying on submissions made on behalf of OP-1, it was submitted that the DG has
           proposed liability on Mr. Ramamurthy based on certain e-mail communications,
           disregarding the factual scenario presented and explained in detail by Mr.
           Ramamurthy and by OP-1 and its other employees.

 15.3.4    The DG has relied upon a solitary document pertaining to price proposals and
           brands introduction by OP-1 and its competitors in the State of Andhra Pradesh in
           2018-19, to conclude that Mr. Ramamurthy had complete details of the pricing
           proposals of OP-1's competitors. To the best of Mr. Ramamurthy's recollection
           and knowledge, the said document related to a pricing proposal which was shared
           with OP-1 by its exclusive distribution partner in the State of Andhra Pradesh. The
           relevant document was not a pricing proposal exchanged between OP-1 and other
           competitors of OP-1. The relevant document was drawn up by OP-1's distribution
           partner and illustrates the prospective prices in the State of Andhra Pradesh if the
           Excise department allowed a price increase. The DG inexplicably did not even
           confront Mr. Ramamurthy with this document while his statement was recorded on
           oath. Anyhow, such pricing proposals were not implemented. Therefore, there was
           no AAEC. Mere information of basic prices of the brands of competitors in a State
           would not constitute contravention of the Act.




Suo Motu Case No. 06 of 2017                                                                24
  15.3.5    The DG has also relied upon the Affidavit of Mr. Steven Bosch wherein Mr. Bosch
           stated that Mr. Ramamurthy was initially reluctant and resisted in bringing up the
           issues of anti-competitive conduct before the Board of OP-1. However, the fact is
           that it was Mr. Ramamurthy who initiated an internal investigation by engaging
           external law firms and forensic experts to review and analyse certain
           communications between officers/employees of OP-1 with third parties (which
           could have included competitors of OP-1).

 15.3.6    The DG has also relied on the statement of Mr. Ramamurthy given under oath to
           conclude that Mr. Ramamurthy co-ordinated with the competitors. Unfortunately,
           the DG has completely misconstrued the statement given by Mr. Ramamurthy and
           has cherry picked parts of the statement/evidence to suit its pre-determined and
           incomplete conclusions. Mr. Ramamurthy in his statement agreed to the
           discussions amongst the OPs. However, he also explained in detail that such
           discussion was, inter alia, driven by the need to survive and safeguard OP-1
           against colossal losses witnessed by the Beer industry due to the nature of the
           market. Mr. Ramamurthy also explained that the instance of sporadic
           interactions/discussions did not lead to any AAEC. On the contrary, actions of OP-
           1 resulted in safeguarding consumer benefits. Mr. Ramamurthy's explanation
           regarding the existence of active and vigorous competition through the mechanism
           of trade discounts, incentives and consumer promotions have been completely
           ignored by the DG.

 15.3.7    The mischaracterisation of Mr. Ramamurthy as being the 'kingpin' of the cartel on
           the basis of him being the Managing Director of OP-1, i.e., the market leader in the
           industry, clearly depicts non-application of mind by the DG. The DG has not
           presented any evidence to support an allegation of this magnitude. There is no
           evidence on record to substantiate the finding that Mr. Ramamurthy was a cartel
           kingpin. Additionally, none of the competitors of OP-1 have expressed anything
           that would make the DG reach such a conclusion. Further, discussions amongst
           industry members were on-going even before Mr. Ramamurthy was appointed as
           the Managing Director of OP-1, making it baseless to term him as the kingpin.




Suo Motu Case No. 06 of 2017                                                                25
  15.3.8    Mr. Ramamurthy's position of being OP-5's President does not lead to a
           conclusive finding that OP-5 was used as a hub for the alleged conspiracy or that
           he was driving any cartel like behaviour using OP-5. In any event, the DG's
           conclusion is not supported by any evidence. Prior to Mr. Ramamurthy, Mr.
           Shalabh Seth (of OP-3) had been President of OP-5, and so has Mr. Chris White
           (of OP-3); however, no such findings and observations have been made against
           them by the DG.

 15.4 Mr. Steven Bosch, Chief Financial Officer and Executive Director of United
        Breweries Limited

 15.4.1    It is an admitted position that there is no evidence of any e-mail correspondence
           which was either sent by Mr. Steven Bosch to another competitor or sent by
           another competitor to Mr. Steven Bosch. Further, there is also no evidence in the
           DG report of Mr. Steven Bosch having met with an official working with a
           competitor Beer manufacturer. There is also no evidence in the DG report that Mr.
           Steven Bosch attended an industry association meeting organised by OP-5. There
           is no evidence in the DG report that Mr. Steven Bosch's mobile device (which was
           imaged by the DG during the Dawn Raid) had a record of contact with a
           competitor(s), except for one WhatsApp exchange on 9 November 2017. There is
           also no evidence in the DG report that the 11 notebooks of Mr. Steven Bosch
           which were seized by the DG during the Dawn Raid had any incriminating
           evidence of contact with a competitor. OP-1 has not named Mr. Steven Bosch as
           one of OP-1's officials who had communication with a competitor Beer
           manufacturer(s). OP-1 has also not named Mr. Steven Bosch as one of OP-1's
           officials who were involved in taking decisions for making requests to State
           Governments for increasing the EBP and MRP of Beer sold by OP-1 from
           01.04.2009 till date. Despite these admitted positions, the DG has recommended
           individual liability against Mr. Steven Bosch.

 15.4.2    The DG has erroneously relied on the factors relevant under Section 48(1) of the
           Act to recommend individual liability under Section 48(2) of the Act, even though
           the threshold for imposition of individual liability is materially different from



Suo Motu Case No. 06 of 2017                                                              26
            Section 48(1) of the Act. Under Section 48(2), the burden was on the DG to
           demonstrate the de-facto or active involvement of Mr. Steven Bosch in the alleged
           anti-competitive conduct. However, given the aforesaid admitted positions, there is
           no evidence on record which even faintly establishes the de-facto or active
           involvement of Mr. Steven Bosch in the alleged anti-competitive activities of OP-
           1. The DG has not been able to prove any consent, or connivance, or neglect on
           part of Mr. Steven Bosch to recommend individual liability against him under
           Section 48(2) of the Act. Rather, instead of proving consent, or connivance, or
           neglect on part of Mr. Steven Bosch, the DG has wrongly relied on the "in-charge
           of and responsible to" test under Section 48(1) of the Act to hold Mr. Bosch liable.

 15.4.3    There is also no evidence on record to even justify recommendation of individual
           liability against Mr. Steven Bosch under Section 48(1) of the Act. Mr. Steven
           Bosch was the Chief Financial Officer ('CFO') and Executive Director ('ED') of
           OP-1 from 01.09.2016 to 31.12.2018. In his capacity as the CFO and ED, Mr.
           Steven Bosch had the responsibility of financial performance of OP-1; his primary
           responsibility being to manage the profit and loss account and monitor the
           performance of OP-1 against the agreed budget. As such, Mr. Steven Bosch only
           had broad and high-level knowledge of pricing, pricing strategy, sales data and
           targets, as well as volume data of OP-1. The role and profile of Mr. Steven Bosch
           did not entail any contact with OP-1's competitors or decision making in relation to
           OP-1's sales or prices.

 15.4.4    It was only in June 2018 that Mr. Steven Bosch for the first time was made aware
           that there might be certain competitor contacts between certain employees of OP-1
           with third parties (which could have included OP-1's competitors), and which
           could potentially be considered as anti-competitive under the Act. From June 2018
           until the Dawn Raid, Mr. Steven Bosch exercised all due diligence and took all
           possible steps to: (a) include competition law policies and trainings at OP-1; (b)
           carry out an internal competition audit of OP-1's internal servers bearing e-mail
           correspondence and update Heineken about it; (c) persist and escalate with the
           internal competition audit; (d) push for conclusion of the internal competition audit
           so that possible next steps, including approaching the Commission, could be


Suo Motu Case No. 06 of 2017                                                                 27
            planned and implemented; (e) create awareness of the situation amongst other
           Board members and sought guidance from the legal team; and (f) consider
           independent legal advice in the face of internal resistance. All the above steps were
           taken between June 2018 and October 2018, i.e., immediately after Mr. Steven
           Bosch for the first time got to know about the possibility of an anti-trust violation
           by OP-1 until the Dawn Raid on 10.10.2018.

 15.4.5    Further, it was due to the reason of internal audit that was going on that a "few e-
           mails" were seized by the DG during the Dawn Raid from Mr. Bosch's cabin.
           These e-mails relate to other persons and were dated before Mr. Steven Bosch
           joined in at OP-1. This was explained by Mr. Bosch during recording of his
           deposition before the DG at the time of search and seizure operation. However,
           despite the above context been provided by Mr. Bosch, the DG completely
           disregarded these submissions and simply assumed that the knowledge of these e-
           mails by Mr. Bosch (from an inconclusive, ongoing internal competition audit,
           about a possible violation of the Act, subject to further evaluation) amounts to
           consent or connivance of Mr. Bosch to the alleged cartel.

 15.4.6    The single WhatsApp exchange of November 2017 between Mr. Steven Bosch and
           Mr. Ben Verhaert, Head of India Operations, at AB InBev, recovered from Mr.
           Steven Bosch's iPhone, has been misconstrued by the DG. The industry matter
           referred to in the said communication was around issues regarding the applicability
           of GST on contract production units. To explain, the introduction of GST in the
           second half of calendar year 2017 led to significant uncertainty for the entire
           brewing industry, with varying interpretations around the applicability of GST on
           service charge payable to contract production units v. GST payable on brand
           owners' profit realised by the brewers from these contracts. Hence, the (extent of)
           GST to be levied on the contract units was a relevant topic for OP-1 and AB InBev
           as both made use of contract production units for their respective Beer production
           in India. Mr. Steven Bosch has clearly explained that apart from this
           intent/purpose, there was no other intended motive/intention to discuss any other
           topic with Mr. Ben Verhaert. Further, no actual meeting ever took place between
           Mr. Steven Bosch and Mr. Ben Verhaert in furtherance of such communication, as


Suo Motu Case No. 06 of 2017                                                                 28
            such there could also have been no AAEC anyhow. Yet, the DG has misconstrued
           the above WhatsApp exchange as being an attempt on part of Mr. Steven Bosch to
           "coordinate with him on an industry related matter" and "an attempt to have
           contacts with Mr. Ben Verhaert". The DG could have sought clarification from Mr.
           Ben Verhaert in explaining the context of the concerned WhatsApp message;
           however, it failed to do so.

 15.4.7    Without prejudice to the submissions made above, in the event that the
           Commission differs from such submissions, as a lesser penalty applicant, Mr.
           Steven Bosch deserves 100% reduction in penalty. Through his lesser penalty
           application, Mr. Steven Bosch intended to ensure (on a bona fide basis) that the
           Commission has complete information, background and context of (i) internal
           competition audit (which was ongoing as on the date of the Dawn Raid), (ii)
           documents which were seized by the DG (in addition to the context provided in the
           DG deposition), and (iii) diligence and steps taken by Mr. Bosch to bring the issue
           of a possible competition law violation to the attention of the Board of OP-1 in
           September 2018. Mr. Steven Bosch has fully, continuously and consistently co-
           operated with Commission; provided vital disclosures/evidence in an expeditious
           manner; and taken all diligence measures in OP-1.

 15.5 Mr. Kiran Kumar, Chief Sales Officer of United Breweries Limited

 15.5.1    An officer can only be held liable under Section 48(2) of the Act once the company
           is found to be in contravention of the provisions of the Act.

 15.5.2    Relying on submissions made on behalf of OP-1, it was submitted that the DG has
           proposed liability on Mr. Kumar under Section 48(2) of the Act, disregarding the
           factual scenario and market realities which have been presented and explained in
           detail by Mr. Kumar and by OP-1 and its other employees. The DG has relied upon
           the statements of Mr. Kumar without considering the context provided by Mr.
           Kumar while making the statements. The DG has not tried to understand the
           context in which the information exchange amongst the OPs took place. Mr.
           Kumar had categorically explained that discussions amongst competitors took
           place only to represent industry specific matters before the State Governments and


Suo Motu Case No. 06 of 2017                                                               29
            State Corporations. There was no AAEC in the present case. The DG concluded
           each act of information exchange/discussion to be illegitimate in complete
           disregard of the evidence brought on record.

 15.6 Mr. Perry Goes, Head of Strategic Planning & Analytics at United Breweries Limited

 15.6.1    An officer can only be held liable under Section 48(2) of the Act once the company
           is found to be in contravention of the provisions of the Act.

 15.6.2    The DG Report is in violation of the principles of natural justice in relation to the
           findings against Mr. Goes under Section 48(2) of the Act. The DG did not grant
           Mr. Goes an opportunity to present his defense during investigation.

 15.6.3    Mr. Goes was marked in all the communications related to industry issues which
           OP-5 was representing before the Government Authorities, as he was tasked with
           representing OP-1 at OP-5. All communications wherein Mr. Goes is marked as
           well as communications of Mr. Goes with Mr. Sovan Roy of OP-5 must be seen in
           this light.

 15.7 Anheuser Busch InBev SA/NV (Includes Crown Beers India Private Limited and
        SABMiller India Limited) (AB InBev/OP-2 and OP-3)

 15.7.1    AB InBev provided full, true and vital disclosures in compliance with Section 46
           of the Act leading to formation of prima facie view by the Commission and
           therefore, it deserves 100% reduction in penalty being the first lesser penalty
           applicant. It provided irrefutable evidentiary proof of existence of cartel conduct in
           various territories of India including internal documents stating overall alignment
           with competitors, e-mail communication with competitors and internally within
           SABMiller employees showing clear exchange of commercially sensitive
           information, communications relating to Government/Statutory Authorities on
           change of prices/duties imposed on Beer, communication showing WhatsApp
           group of members of Karnataka Brewers' and Distillers' Association, exchange of
           e-mails with Excise Authorities, and Affidavits of employees of AB InBev and
           SABMiller admitting to the cartel conduct. This helped not only the Commission in
           forming the prima facie view but also the DG in conducting search and seizure


Suo Motu Case No. 06 of 2017                                                                  30
            operations. A lot of major conclusions drawn by the DG are based on the evidences
           provided by AB InBev. The assistance provided by AB InBev helped the DG find
           contravention of the provisions of the Act against all the OPs.

 15.7.2    As a lesser penalty applicant, AB InBev also provided the names of cartelising
           individuals to the DG which helped the DG in finding targeted evidence from the
           premises of the OPs during its search and seizure operation. Further, the
           information provided in lesser penalty application by AB InBev also enabled the
           DG to confront deponents with smoking gun evidence to obtain their confessions
           despite initial evasive replies. Also, though OP-5 denied having a role in the cartel
           conduct, the DG has been able to demonstrate its involvement through various
           documentary evidences, as AB InBev, as part of its lesser penalty application, had
           described the role of OP-5 as a platform of sensitive commercial information
           exchange.

 15.7.3    As a lesser penalty applicant, AB InBev fulfilled all conditions prescribed under
           law for grant of lesser penalty including ceasing to participate in cartel conduct
           pursuant to filing of lesser penalty application, providing vital disclosures,
           providing all relevant information, documents and evidence as required by the
           Commission, co-operating genuinely, fully, continuously and expeditiously
           throughout the investigation and other proceedings before the Commission and not
           concealing, destroying, manipulating or removing any relevant documents.

 15.7.4    Besides filing lesser penalty application, AB InBev also initiated internal definitive
           corrective administrative and HR measures like seeking resignations of certain
           employees and initiating re-assignment of roles of remaining employees. AB InBev
           also initiated widespread compliance programs for its employees.

 15.8 Mr. Shalabh Seth, Chief Supply Officer of United Breweries Limited, former
        Managing Director of SABMiller India Limited and former Chairman of All India
        Brewers' Association

 15.8.1    Mr. Shalabh Seth, currently an employee of OP-1, was employed at OP-3 during
           the time he participated in the alleged co-ordination and when Mr. Seth approached



Suo Motu Case No. 06 of 2017                                                                  31
            the Commission as a lesser penalty applicant, the Commission granted to him, the
           same priority status as granted to OP-3.

 15.8.2    As part of its lesser penalty application and depositions before the DG, Mr.
           Shalabh Seth has provided certain vital additional evidence which added
           significant value to the DG's investigation and to the evidence that was already in
           possession of the Commission/DG. Such significant additional value is evident
           from the fact that during the depositions of the representatives of other players
           involved in the co-ordination, the DG has extensively referred to/relied upon the
           documentary evidence submitted by Mr. Shalabh Seth as part of his lesser penalty
           application as well as the statements made during his depositions before the DG.

 15.8.3    Other submissions made by Mr. Shalabh Seth were common with OP-1, i.e. (i)
           highly regulated nature of Beer industry, (ii) vigorous competition on other aspects
           except joint efforts to persuade or lobby with the State Governments on the
           regulatory issue of prices, (iii) non-implementation and no/limited impact on
           market, and (iv) no AAEC.

 15.8.4    For penalty purposes, if any, to be imposed, the Commission may take into
           consideration the income details of Mr. Shalabh Seth for three FYs prior to the last
           FY in which Mr. Shalabh Seth participated in the contravention on behalf of OP-3,
           i.e., FY 2013-14, FY 2014-15 and FY 2015-16 and not FY 2016-17, FY 2017-18
           and FY 2018-19. Reliance on current year's financial figures could lead to an
           inequitable treatment. Mr. Shalabh Seth has left OP-3 in October 2016 and joined
           OP-1 in July 2018; as such, in fact, he was not working in the Beer industry from
           October 2016 to June 2018.

 15.9 Mr. Nilojit Guha, Former Director (Sales) at SABMiller India Limited

 15.9.1    Mr. Nilojit Guha is not contesting the DG's finding of contravention of the
           provisions of Section 3 of the Act or the DG's finding against him under Section
           48(2) of the Act. However, he ought to be exonerated and be granted full benefit of
           the co-operation extended by him to the DG. He provided detailed description of
           the cartel including the modus operandi, aim of the cartel, role of parties, and



Suo Motu Case No. 06 of 2017                                                                  32
            further explained/corroborated all the e-mails and evidence put against him, in his
           deposition recorded before the DG, thereby providing full, true and vital
           disclosures. His statement with regard to the e-mails and evidence put to him has
           added significant value to the DG's investigation. Mr. Guha co-operated genuinely,
           fully, continuously and expeditiously in the investigation. The DG, while arriving
           at findings in the DG Report, has extensively relied upon the statement of Mr.
           Nilojit Guha.

 15.9.2    Mr. Guha ceased to have any participation in the cartel with effect from 16.11.2016
           since he had left OP-3 on 15.11.2016. He is a one-time offender and was not acting
           for any personal gain.

 15.10 Mr. Suryanarayana Diwakaran, Former Vice-President (Sales) at SABMiller India
        Limited

 15.10.1 Mr. Diwakaran does not dispute any finding of the DG and Mr. Diwakaran, being
           an ex-employee of OP-3, seeks to adopt and obtain the benefit of all co-operation
           extended by OP-3 to the DG and the Commission.

 15.10.2 Mr. Diwakaran was not summoned by the DG for recording of his statement. This
           establishes that the role of Mr. Diwakaran was not pivotal in the alleged anti-
           competitive agreement.

 15.10.3 Mr. Diwakaran ceased to have any participation in the cartel with effect from
           15.11.2016 since he had left OP-3 on 15.11.2016. Further, throughout his
           employment, Mr. Diwakaran never held any position of influence at OP-3 and was
           only acting upon the instructions of his seniors. He is a onetime offender and was
           not acting for any personal gain.

 15.10.4 Mr. Diwakaran has not received any remuneration from OP-3 after his resignation
           on 15.11.2016 and as such, the income earned by him post such date ought not to
           be considered by the Commission in case penalty, if any, is imposed.




Suo Motu Case No. 06 of 2017                                                               33
  15.11 Mr. Anil Arya, Former Director (Solutions) at SABMiller India Limited

 15.11.1 Mr. Anil Arya agrees with the finding of the DG that there was an agreement to fix
           prices between the Beer manufactures. He was aware of such conduct and co-
           operated during the internal fact-finding exercise conducted by AB InBev.
           However, Mr. Arya was not the decision-making Authority or pivotal in the
           functioning of this cartel arrangement. The same is evident from the fact that the
           DG has not found many e-mails which involved Mr. Arya. In the e-mails dated
           22.12.2011 and 09.08.2013, Mr. Anil Arya is only CC'd while with respect to e-
           mails exchanged in September, 2011, though the same do suggest exchange of
           'price card', however, at the relevant time, it was considered an industry practice in
           the interest of consumers to ensure that the prices of products are not prejudicially
           determined by the Government on any issue that concerns the consumers as well as
           the interest of the Excise Revenue. Mr. Anil Arya has not deliberately or
           intentionally participated in the cartel arrangement which violated the law.

 15.11.2 Any immunity granted to AB InBev for co-operation accorded to the investigation
           process may also be extended to Mr. Anil Arya.

 15.12 Carlsberg India Private Limited (OP-4)

 15.12.1 Arbitrary and unpredictable actions of the State Excise Authorities - Prices of Beer
           are fixed by State Excise Authorities from time to time. No Beer company can
           freely change the price of Beer in any State without obtaining prior approval from
           the respective State Excise Authority. This requirement of obtaining approval
           applies to every State, irrespective of the route-to-market models. In the Free
           Market States, price increase proposals are made by the Beer companies, which
           must be accepted by the State Excise Authorities before they can be implemented
           in the market. In other markets, seeking a price increase is a significant challenge
           given that the Beer manufacturers are dealing with a monopsonist, i.e., the State
           Government (dealing directly or through State Corporations). Therefore, there is
           hardly any pricing power with the OPs, and the price revisions are mostly triggered
           by the revision in Excise duty by the State Excise Authorities, and not pursuant to
           price increase requests made by the brewers. In other words, the ultimate and true


Suo Motu Case No. 06 of 2017                                                                  34
            driver of revisions in Beer prices is the State Excise Authority and not the brewers,
           and thus, it is virtually impossible for the OPs to restrict price competition in this
           market. Accordingly, any possible adverse impact on the market is not on account
           of the conduct of the OPs, but it is because of the actions of the State Excise
           Authorities.

 15.12.2 No AAEC - The OPs are forced to come together through OP-5, because the State
           Excise Authorities would not interact with the companies individually. The OPs'
           actions have been purely to survive and in fact have resulted in benefit for the
           consumer at large. As such, the conduct of OP-4 was only with a view to sustain its
           operations in the market and had no AAEC in any manner, whatsoever. In fact, its
           conduct led to consumer benefit in terms of lower prices. If OP-4 (and other Beer
           companies) had not approached OP-5 and made unified representations to the State
           Excise Authorities to voice their concerns, it would have had serious negative
           consequences for the already financially pressurised Beer industry in India, and
           may also have had an overall impact on employment, income and foreign
           investments in India. As such, OP-4's conduct was not aimed at affecting the
           market but was to merely represent genuine concerns before the State Governments
           and/or the State Excise Authorities to amend policies for the benefit of the overall
           Beer market and the consumers.

 15.12.3 Price Fixing - The DG has concluded that OP-1, OP-3 and OP-4 had indulged in
           price fixing. In particular, the DG finds that the anti-competitive conduct took
           place primarily in 13 States/UTs out of the total 36 States/UTs in India. However,
           with respect to OP-4, the DG Report does not disclose any credible evidence for 7
           States/UTs and the evidence relied upon by the DG in relation to the State of
           Rajasthan and the UT of Delhi also does not demonstrate OP-4's involvement in
           the illegal price fixing. The DG Report hence, contains evidence of OP-4's
           involvement in illegal price fixing in only 4 States/UTs. Further, the actual
           implementation of pricing discussions took place only for a short time period and
           only at 8 instances in these 4 States/UTs: (i) Maharashtra (one instance in 2016),
           (ii) West Bengal (four instances - one each in 2012, 2015, 2016 and 2017), (iii)




Suo Motu Case No. 06 of 2017                                                                  35
            Karnataka (two instances - one each in 2015 and 2017), and (iv) Puducherry (one
           instance in 2017).

 15.12.4 Limiting/Restricting supplies - The DG has found that OP-1, OP-3 and OP-4 had
           collectively decided upon the strategy to oppose certain Government policies
           (including fixation of prices). The DG has stated that in a few cases, whenever the
           State Governments hiked the Excise duty, the Beer companies collectively decided
           to limit production and supplies in contravention of Section 3(3)(b) of the Act.
           Whilst the findings of the DG are in line with OP-4's lesser penalty submissions,
           its conduct should be viewed in light of the following events, which were
           implemented with immediate effect:

          (i)   Maharashtra: The arbitrary increase in the Excise duty (because of a
                calculation error) which would have resulted in an exorbitant increase in the
                Beer price in Maharashtra by 30%, i.e., from ₹145 for the TBS 650ml bottle to
                over ₹190 per bottle; and
          (ii) West Bengal: The arbitrary increase in Excise duty in West Bengal which
                would have resulted in an exorbitant increase in the Beer price by over 80%,
                i.e., from ₹110 per bottle to over ₹200 per bottle

           It is with this background that the OPs took the decision to jointly approach the
           respective State Governments to convince them to revise the Excise policies,
           absent which the industry would have otherwise collapsed. In fact, any
           representation made individually by any party would not have been entertained by
           the Authorities. Such arbitrary and overnight price increases implemented by the
           State Excise Authorities impaired the ability of the Beer companies to supply Beer.
           In addition to rendering the selling price economically unviable, such sudden
           exorbitant prices would have resulted in wastage/destruction of the entire stock
           carrying labels with higher MRP, leading to huge losses for the Beer companies if
           the State Excise Authorities were to subsequently roll back the duty/rectify the
           error resulting in a lower MRP. It is only because of these joint representations that
           the State Governments agreed to fix or revise the Excise calculations, which
           ultimately resulted in lower prices for the consumers. As such, the pro-competitive
           effects of such conduct on the Beer market in the longer run (i.e., lower prices of


Suo Motu Case No. 06 of 2017                                                                  36
            Beer) outweighed any effects of a limited and temporary curtailment of supply in
           the market.

 15.12.5 Sharing of Stock and Sales Data - The DG has concluded that OP-1, OP-3 and OP-
           4 were sharing their periodical sales and stock data with each other in order to
           calculate and monitor each other's market shares, in violation of the provisions of
           Section 3 of the Act. The evidence primarily relates to the city of Aurangabad.
           However, the DG has failed to address how this finding is a contravention of the
           provisions of the Act. OP-4 was never questioned about this evidence or asked to
           explain the context thereof. The DG has failed to appreciate that the evidence
           relied on by it pertains only to collecting such data pursuant to/at the instance of
           the Excise Authorities' directions, and was not with any intent to monitor market
           shares. In the Corporation Market States, the Corporation itself publishes the
           market information which can be accessed on their portals. Thus, the DG has
           arrived at a conclusion without putting the evidence to the company/persons
           allegedly involved and has not discharged the burden of proof in establishing how
           this conduct amounts to a contravention of the provisions of the Act.

 15.12.6 Cartel in the purchase of second-hand bottles - The DG has concluded that OP-1
           and OP-3 had: (i) exchanged information regarding the volume and prices of the
           second-hand bottles each would procure from bottle collectors; and (ii) reached an
           understanding to share their off-take of old Beer bottles from the market, for re-use
           in their breweries. The evidence relied on by the DG does not involve or implicate
           OP-4 in any way for the said violation. However, the DG casually makes OP-4 also
           liable for such conduct based on the statement of Mr. Shekhar Ramamurthy of OP-
           1 that such co-ordination took place between OP-1, OP-3 "and perhaps CIPL"
           which is not corroborated by any evidence.

 15.12.7 OP-4 hence, played a very limited role in the illegal conduct described in the DG
           Report. Its involvement in the price fixing conduct was limited to only 4 States
           (viz., Maharashtra, West Bengal, Karnataka and Puducherry) and limiting supply
           conduct was limited only to 3 States (Maharashtra, West Bengal and Odisha),
           thereby making a total of 5 States/UTs where anti-competitive conduct may have



Suo Motu Case No. 06 of 2017                                                                 37
            taken place. Further, the finding in the DG Report that the illegal conduct took
           place in the domestic Beer market in India during the period from 20.05.2009 to
           10.10.2018, does not specify that OP-4's participation was much more limited and
           started only from 2012 onwards.

 15.12.8 Penalty and relevant turnover/profit - In the event the Commission deems it
           necessary to impose a penalty on OP-4 based on its turnover/profit, such penalty
           should be only on the relevant turnover/profit of OP-4, i.e., the turnover/profit
           derived from the sale of the relevant product, in the relevant time period/duration,
           and in the relevant States/UTs in India. The relevant turnover (or profit) under
           Section 27 of the Act should be limited to the States where there is evidence of an
           infringement, which in the present case would be the 5 States/UTs of Odisha,
           Karnataka, West Bengal, Maharashtra and Puducherry. If pan India turnover/profit
           is used when calculating penalties, it would lead to disproportionate and
           inequitable results. Further, the Commission should impose penalties, if any, based
           on the relevant duration, i.e., the duration of OP-4's participation in the
           infringement (i.e., wherein discussions/conduct resulted into implementation) in
           each of the relevant states. The date of the first anti-competitive contact/conduct
           for which there is evidence concerning OP-4 should be taken as the
           commencement date of OP-4's participation in the infringement. Further, the
           Commission should take the date of the last anti-competitive contact by OP-4 for
           which there is evidence as the end date of OP-4's participation in the infringement
           in each of the relevant states. The DG has incorrectly concluded that OP-4's
           conduct started in 2009. It is clear from the evidence that OP-4's conduct only
           began from 2012 and was limited to specific time periods, that too in limited states.

 15.12.9 Mitigating Factors - In the event the Commission deems it necessary to impose a
           penalty, it ought to apply the lowest percentage/factor to the relevant
           turnover/profit, in arriving at the penalty to be imposed on OP-4, taking the
           following circumstances into account:

           (i) The true driver of price revisions was the State Governments/Corporations and
                not the brewers. The requirement of the State Governments to not entertain
                individual representations by a specific Beer company on industry issues


Suo Motu Case No. 06 of 2017                                                                  38
                 rendered it necessary for the Beer companies to make representations
                collectively and/or through OP-5. Co-ordination by OP-4 was not undertaken
                with any intent to capitalise on consumers but with a limited purpose to
                preserve its already marginalised profits, and in some instances, to merely
                recover its costs.

           (ii) The scope of OP-4's participation in the anti-competitive behaviour was
                limited. Not all pricing discussions for which evidence has been submitted by
                OP-4 were actually implemented by OP-4. The actual implementation of
                pricing discussions was only in the States of: (i) Maharashtra (one instance in
                2016), (ii) West Bengal (four instances - one each in 2012, 2015, 2016 and
                2017), (iii) Karnataka (two instances - one each in 2015 and 2017), and (iv)
                Puducherry (one instance in 2017).

           (iii) OP-4 is a first-time offender of competition law. It is also not a major market
                player in the Beer industry. OP-4's management has tried to ensure an
                environment of strict compliance of competition law and general regulatory
                compliance and will continue to make such efforts to strengthen compliance
                amongst its employees.

           (iv) Beer industry in India has been severely impacted by the global COVID-19
                pandemic, and the subsequent lockdown announcements and social distancing
                norms. Sales reduced and duties increased. During January 2020 to October
                2020, OP-4's sales in volume have declined by 41%, and its net sales revenue
                have declined by 35.8%, from the previous year. Further, OP-4 has a net loss-
                making business with a loss in terms of Earnings before interest and taxes
                ('EBIT') of approximately ₹175 million. To stay afloat, OP-4 had to
                undertake a major restructuring which has resulted in job loss of 315
                employees by the end of this year. Further, Beer has a limited shelf life, and in
                anticipation of the peak demand months (which also co-incided with
                lockdowns in India), OP-4 had manufactured large volumes of Beer. These
                had to be destroyed, which in turn led to heavy losses for OP-4, to the tune of
                ₹450-470 million in 2020. In light of the serious repercussions that the
                pandemic has had on OP-4 so far and is expected to continue to have over the



Suo Motu Case No. 06 of 2017                                                                  39
                 coming months, any level of penalty will put an additional significant financial
                burden on the company.

 15.12.10 Reduction under LPR - OP-4 has fully complied with the conditions stipulated in
           Regulation 3 of the LPR. It has made all possible efforts to not only determine and
           understand the nature of the conduct but also ensured that the conduct is stopped
           immediately. Furthermore, OP-4 has provided all relevant information, documents
           and evidence and has co-operated genuinely, fully, continuously and expeditiously
           throughout the process. Not only did OP-4 promptly file lesser penalty application
           and provide all necessary details but it also provided significant added value
           evidence that has enhanced the ability of the DG to establish the existence of anti-
           competitive behaviour. This is clear from the fact that more than half of the
           evidence relied on by the DG in the DG Report has been provided by OP-4.
           Several additional evidences provided by OP-4 have not been used or relied upon
           by the DG in reaching to its findings; nevertheless, they constitute value addition
           on part of OP-4.

 15.13 Mr. Michael Jensen, Former Managing Director of Carlsberg India Private Limited

 15.13.1 All submissions to the extent they relate to evidence involving Mr. Michael Jensen
           and submissions on penalty and mitigation made by OP-4 in its response to the DG
           Report are adopted by Mr. Jensen.

 15.13.2 Mr. Jensen agrees with the findings of the DG against him. However, in relation to
           the co-ordination on pricing in West Bengal in 2012, Mr. Jensen submits that he
           was merely a consultant at OP-4 during this period, and had no Authority to make
           any key decisions at OP-4.

 15.13.3 With respect to the involvement of Mr. Jensen found in the alleged anti-
           competitive conduct in Rajasthan, it may be noted that there has been no AAEC.
           The entire e-mail evidence relied on by the DG to find a violation in Rajasthan
           relates to a period between 2015 and 2016. However, since 2015 till recently in
           2019, the Beer companies did not get any price increase based on a price increase




Suo Motu Case No. 06 of 2017                                                                 40
            request made by them. All price increases have been a result of changes in the tax
           structure in Rajasthan only.

 15.13.4 With respect to Delhi also, Mr. Jensen had no role in the discussions and did not
           participate in any interactions with competitors. He was only CC'd in the e-mails
           exchanged. In any event, there was no implementation in Delhi as the Delhi
           Government did not accept the price increase request.

 15.13.5 Mr. Jensen extended full and continuous cooperation throughout the course of the
           investigation. He is a part of OP-4's lesser penalty application. The DG has
           extensively relied on the deposition of Mr. Jensen throughout the DG Report,
           which shows his value addition to the DG's investigation process.

 15.14 Mr. Nilesh Patel, Managing Director of Carlsberg India Private Limited

 15.14.1 All submissions to the extent they relate to evidence involving Mr. Nilesh Patel
           and submissions on penalty and mitigation made by OP-4 in its response to the DG
           Report are adopted by Mr. Patel.

 15.14.2 Mr. Patel was appointed as the Managing Director of OP-4 only from 26.04.2018,
           and therefore, had no executive decision-making role/responsibility at OP-4 prior
           to this date. Prior to this, Mr. Patel was not involved in handling the day-to-day
           affairs of OP-4 and was not taking any key decisions. On 05.05.2017, Mr. Patel
           was nominated by Carlsberg Breweries A/S as a Director at OP-4 Board.
           Therefore, his involvement in the functioning of OP-4 (until 26.04.2018) was as
           Asia region support and very limited, and he did not have any executive Authority.
           Mr. Patel was a nominee Director from Carlsberg Breweries A/S as part of the joint
           venture arrangement at the Carlsberg South Asia Pte. Ltd. level and was involved
           in OP-4's affairs in a non-executive capacity.

 15.14.3 The evidence relied upon by the DG to find Mr. Patel liable pertains to the period
           prior to him being appointed as the Managing Director of OP-4, i.e., before
           26.04.2018. Post this date, OP-4 has not engaged in any anti-competitive conduct.
           It was only out of abundant caution that Mr. Patel was named as one of the persons
           for whom OP-4 sought lesser penalty under the lesser penalty application filed by


Suo Motu Case No. 06 of 2017                                                               41
            it. However, no penalty should be imposed on Mr. Patel, given that during the
           period of anti-competitive conduct by OP-4, Mr. Patel was not the Managing
           Director of OP-4, and accordingly, did not have the Authority to take any key
           decisions at OP-4.

 15.14.4 Mr. Patel had no decisive role to play in relation to curtailing the supply of Beer in
           West Bengal, Also, he had simply made suggestions to address the issue of
           increase in Excise duty in West Bengal.

 15.14.5 There is also no evidence to show that Mr. Patel took any decision to co-ordinate
           with OP-1 to curtail the supply of Beer in Maharashtra.

 15.14.6 Mr. Patel has never met and does not know Mr. Shalabh Seth of OP-3 (now of OP-
           1). Mr. Patel had never interacted with Mr. Seth, and there is no evidence
           indicating that there was any communication between them. Therefore, Mr. Seth's
           deposition against Mr. Patel should not be considered.

 15.14.7 Mr. Patel was one of the key personnel at OP-4 who drove the process of internal
           investigation at OP-4, pursuant to the Dawn Raid, which made it possible for OP-4
           to participate in the lesser penalty process and provide evidence to the DG. He
           even initiated competition compliance programs at OP-4.

 15.14.8 Mr. Shekhar Ramamurthy of OP-1 stepped down as the Chairman of OP-5 on
           27.07.2018 and Mr. Patel was selected as the Chairman on 27.07.2018. Mr. Patel
           stepped down as the Chairperson of OP-5 on 29.10.2018 after the Dawn Raid.

 15.14.9 Computation of penalty, if any imposed, on Mr. Patel, should be based on the
           income derived by him from his association with OP-4 rather than his total income
           or his income derived from previous employments.

 15.15 Mr. Pawan Jagetia, Former Deputy Managing Director of Carlsberg India Private
        Limited

 15.15.1 Mr. Pawan Jagetia has no objections to the DG's findings in relation to the anti-
           competitive agreement amongst the OPs.



Suo Motu Case No. 06 of 2017                                                                42
  15.15.2 However, with respect to Mr. Jagetia, the DG Report provides no evidence to
           support the conclusion that Mr. Jagetia was involved in the pricing decisions of
           OP-4. The DG has relied on the statements of only two interested witnesses viz.,
           Mr. Nilesh Patel and Mr. Michael Jensen, whose credibility is in question, to reach
           such conclusion. While placing reliance on the statements of such interested
           witnesses, the DG has ignored the statements given by Pawan Jagetia that as
           Deputy Managing Director of OP-4, he was only in-charge of supply chain and
           business development. This is also evident from the employment contract and
           organisational structure of OP-4. Moreover, the evidence on record clearly shows
           that Mr. Michael Jensen, Managing Director was the sole Authority taking all
           decisions relating to pricing. Most significantly, the DG has completely failed to
           consider that the evidence proving price fixation by OP-4 does not include Mr.
           Pawan Jagetia (either as sender, recipient or even CC'd in e-mails).

 15.15.3 It may be noted that Mr. Pawan Jagetia's ability to reply to the DG Report and
           defend himself is seriously limited by the lack of information in his professional e-
           mail account, which OP-4, citing false reasons, has refused to supply to him. The
           same, if available, would show that no pricing related decisions were taken by Mr.
           Jagetia. Absent the same, the evidence which would have corroborated Mr.
           Jagetia's claims cannot be provided to the Commission.

 15.15.4 Mr. Nilesh Patel's credibility is under challenge as he has also made intentional
           misrepresentation before the DG stating that he was the Managing Director of OP-
           4 since April/May 2018, though he was the de facto Managing Director of OP-4
           without OP-4's Board approval, from May 2017.

 15.15.5 The DG Report fails to establish any impermissible communication between Mr.
           Pawan Jagetia and OP-4's competitors. The evidence on record does not establish
           that Mr. Pawan Jagetia was involved in any activity including discussion of prices
           that was in furtherance of the alleged cartel. The DG has concluded Mr. Pawan
           Jagetia's role in exchanging commercially sensitive information based on certain e-
           mail communications. However, these e-mails either pertain to i) permissible
           communication between competitors regarding change of State policy; or ii)



Suo Motu Case No. 06 of 2017                                                                 43
            internal decisions taken by OP-4 in response to the market conditions which
           included no pricing information. The counterparts of the competing entities
           involved in the conduct also do not name Mr. Pawan Jagetia as a person with
           whom they had interactions in relation to price.

 15.15.6 Without prejudice to the above and even assuming that the evidence indicated
           exchange of information pertaining to price by Mr. Jagetia, the same did not lead to
           any fixation of price. Since the communications were not 'acted upon', it cannot
           amount to a violation of the provisions of Section 3 of the Act. Consequently, Mr.
           Jagetia's conduct does not render him liable under Section 48(2) of the Act.

 15.15.7 The DG Report fails to establish either consent, connivance or neglect on part of
           Mr. Pawan Jagetia to establish his liability under Section 48(2) of the Act. In fact,
           the evidence on record demonstrates that Mr. Pawan Jagetia was unaware of the
           cartel activity, and his role in supply and business development implied that he
           wasn't involved in the pricing decisions of OP-4.

 15.15.8 Without prejudice, in case the Commission were to find Mr. Jagetia guilty and
           impose penalty on him, the following mitigating factors ought to be considered
           before determining the quantum of penalty:

           (a) Mr. Jagetia had a limited role in OP-4 as Deputy Manging Director of the
               company. He was not involved in the key decisions of the company - decisions
               regarding products of OP-4, including their price did not require the
               involvement of Mr. Pawan Jagetia.

           (b) Mr. Jagetia has extended full and complete co-operation during the
               investigation in the matter.

           (c) OP-4 has filed an application under Section 46 of the Act read with the LPR
               seeking reduction in penalty imposed on it as well as its individuals. In line
               with the Commission's decisional practice, benefit, if any, extended to OP-4,
               must also be extended to the individuals employed by OP-4 in the said
               duration, including to Mr. Pawan Jagetia.




Suo Motu Case No. 06 of 2017                                                                 44
  15.15.9 Computation of penalty, if any imposed, on Mr. Jagetia, should be based on the
           income derived by him from his association with OP-4 rather than his total income.

 15.16 Mr. Dhiraj Kapur, Vice-President (Corporate Affairs) of Carlsberg India Private
        Limited

 15.16.1 All submissions to the extent they relate to evidence involving Mr. Dhiraj Kapur
           and submissions on penalty and mitigation made by OP-4 in its response to the DG
           Report are adopted by Mr. Kapur.

 15.16.2 With respect to the involvement of Mr. Kapur found in the alleged anti-competitive
           conduct in Rajasthan, it may be noted that there has been no AAEC. The entire e-
           mail evidence relied upon by the DG to find a violation in Rajasthan relates to a
           period between 2015 and 2016. However, since 2015 till recently in 2019, the Beer
           companies did not get any price increase based on a price increase request made by
           them. All price increases have been a result of changes in the tax structure in
           Rajasthan only.

 15.16.3 With respect to State of West Bengal, Mr. Kapur had no role in the discussions and
           did not participate in any interactions with competitors. He was only CC'd in the e-
           mails exchanged.

 15.16.4 With respect to Delhi also, Mr. Kapur had no role in the discussions and did not
           participate in any interactions with competitors. He was only CC'd in the e-mails
           exchanged. In any event, there was no implementation in Delhi as the Delhi
           Government did not accept the price increase request.

 15.16.5 With respect to fixation of EBP and MRP, Mr. Kapur's role, as the Vice-President-
           Corporate Affairs, was limited to co-ordinating with OP-5 and Government
           agencies for seeking price revisions and favourable policy decisions, and Mr.
           Kapur was not responsible for fixation of EBP or MRP for OP-4's Beer products.

 15.16.6 Mr. Kapur provided continuous and full co-operation throughout the investigation.
           He also forms part of the lesser penalty application filed by OP-4.




Suo Motu Case No. 06 of 2017                                                                45
  15.16.7 Computation of penalty, if any imposed, on Mr. Kapur, should be based on the
           income derived by him from his association with OP-4 rather than his total income.

 15.17 Mr. Anil Bahl, Vice-President (Mont and Premium Business) and Former Sales
        Director of Carlsberg India Private Limited

 15.17.1 All submissions to the extent they relate to evidence involving Mr. Anil Bahl and
           submissions on penalty and mitigation made by OP-4 in its response to the DG
           Report are adopted by Mr. Bahl.

 15.17.2 Mr. Bahl agrees with the findings of the DG against him. However, he was one of
           the key persons at OP-4 who provided majority of the evidence, which enabled
           OP-4 to file a complete lesser penalty application before the Commission. Mr. Bahl
           provided continuous and full co-operation throughout the investigation. He also
           forms part of the lesser penalty application filed by OP-4.

 15.17.3 Computation of penalty, if any imposed, on Mr. Bahl, should be based on the
           income derived by him from his association with OP-4 rather than his total income.

 15.18 Mr. Mahesh Kanchan, Vice-President (Marketing) of Carlsberg India Private Limited

 15.18.1 All submissions to the extent they relate to evidence involving Mr. Mahesh
           Kanchan and submissions on penalty and mitigation made by OP-4 in its response
           to the DG Report are adopted by Mr. Kanchan.

 15.18.2 During his employment at OP-4, Mr. Kanchan did not participate in any meetings
           with his counterparts in any manner to fix prices or curtail supplies and he did not
           attend any OP-5 meetings. The evidence relied upon by the DG does not show his
           involvement in the cartel in any manner.

 15.18.3 Mr. Kanchan had no decisive role in either the decision of OP-4 to curtail or
           resume supplies in the States of West Bengal or Maharashtra.

 15.18.4 With respect to sharing of information regarding market shares by Mr. Kanchan,
           the DG has erred in concluding that OP-4 was privy to sales volumes of its
           competitors for it to be able to ascertain their market shares. Market share


Suo Motu Case No. 06 of 2017                                                                46
            information is (i) estimated market share, (ii) available in the industry through
           market intelligence, and (iii) not indicative of collusion by any means. For
           Corporation States, the respective State Beverage Corporation owned by the
           Government itself publishes the market shares of all players. As such, e-mail
           exchange in this regard is not in violation of the provisions of the Act.

 15.18.5 Computation of penalty, if any imposed, on Mr. Kanchan, should be based on the
           income derived by him from his association with OP-4 rather than his total income.

 15.19 All India Brewers' Association (OP-5)

 15.19.1 OP-5 denies each and every allegation levelled against it in the investigation report.
           OP-5 has never facilitated any alleged cartel conduct amongst its members. Its
           platform has never been used for exchange of any commercially sensitive
           information amongst the Beer manufacturing companies or to indulge in any other
           anti-competitive conduct.

 15.19.2 The DG has not found any evidence of cartel conduct in Auction markets, despite
           having conducted extensive raids at the premises of all the OPs and seizing their
           laptops, other documents etc., and carrying out in depth investigation. Cartel
           conduct/conspiracy is more likely and feasible in Auction markets than in
           Corporation and Hybrid markets. Markets such as Corporation and Hybrid
           markets, which are tightly regulated, controlled and monitored by the Government
           are not the kind of anti-trust markets wherein a price fixing/supply restricting cartel
           conduct can typically be found. It is strange, surprising and unsustainable for the
           simple reason that the feasibility of success of any conspiracy to get supra-
           competitive prices are much higher, easier and probable in Auction markets than in
           Corporation and Hybrid markets, as the prices and supplies are totally controlled in
           such markets by the State Governments. The DG has not offered any explanation
           regarding this incongruity, as to why would the OPs conduct be anti-competitive in
           Corporation and Hybrid markets but not in Auction markets.




Suo Motu Case No. 06 of 2017                                                                   47
  15.19.3 It appears that the DG has neither recorded any statement of any respective Excise
           officials nor has it collected any document from the offices of the State
           Governments, while investigating into the alleged cartel conduct of the OPs in
           Corporation and Hybrid markets. Instead, the DG has interpreted the documents/e-
           mails collected from the OPs as per its own will in an arbitrary and unilateral
           fashion. In doing so, the DG has ignored the explanations given by OP-5 and other
           OPs as regards the conduct of OP-5. Accordingly, the observations of the DG are
           not based on any rigorous analysis of facts and are impressionistic/untrue in nature.
           The allegations made against OP-5/other OPs, without any corroboration of the
           same from the concerned Excise officials, is unsustainable on ground of
           incompleteness as all the relevant parties have not been examined.

 15.19.4 Though OP-5 was registered in 1977, it remained largely inactive till 2013. OP-5
           started functioning only from the year 2013. There is no record available of its
           meetings or minutes for the period before 2013 and its registration also lapsed
           sometime during the intervening period. OP-5 was revived only on 31.12.2013,
           when a Certificate of Registration was issued to it by the District Registrar of
           Societies, Bengaluru. Thus, OP-5 is in no position to comment about the
           developments during the preceding years. In light of such facts, OP-5 cannot be
           alleged to have indulged into any anti-competitive during the period 20.05.2009 to
           10.10.2018, as has been alleged by the DG.

 15.19.5 OP-5 has acted to protect the collective interest of the Beer industry, contribute to
           the economic growth of the country, protect Beer over spirits category, increase
           shareholders' value and to ensure that the businesses of its members remain viable.
           As an industry association of 14 members (10 of whom are brewers, 2 malsters and
           2 can suppliers), OP-5 has never acted in the self-interest of only OP-1, OP-3 and
           OP-4 and its role has been truly representational of the collective interest of the
           industry, including all its members as well as several other non-members belonging
           to the Beer industry.




Suo Motu Case No. 06 of 2017                                                                 48
  15.19.6 OP-5 was neither involved in any discussion relating to 'prospective quotes' by the
           Beer manufacturers nor was it party to any discussions regarding the way forward
           with State Excise departments on such 'prospective quotes'. A large number of
           individuals whose depositions have been recorded by the DG including Mr.
           Shekhar Ramamurthy of OP-1, Mr. Manish Shyam of OP-3, Mr. Debashish
           Dasgupta of OP-3, Mr. Ben Verhaert of AB InBev and Mr. Kiran Kumar of OP-1,
           have clearly stated that the forum of OP-5 was not used for price fixation. The
           statement of Ms. Ritika Verma of OP-5 recorded by the DG has been
           misconstrued.

 15.19.7 With respect to the State of Rajasthan, it is a matter of record that EBP changes in
           Rajasthan were allowed only during the year 2014, upon release of the new liquor
           Sourcing Policy, and the EBPs granted in 2014 continued to remain the same
           during the entire period of investigation by the DG. The State Government did not
           take any action on EBP increase thereafter despite the fact that the Beer
           manufacturers were individually submitting their cost increase justification in
           accordance with the prescribed format under the Liquor Sourcing Policy of the
           Government. The last rate increase (i.e., EBP increase) granted to the industry in
           Rajasthan in the year 2013-14, was also eroded in the subsequent year by way of
           levy of Bottling Fee which had to be absorbed by the breweries from the EBPs
           approved. Thus, during 2016-17, OP-5 represented before the concerned officials
           of the State Government, alongwith few of its member companies, to canvass for
           implementation of the Liquor Sourcing Policy of the Government and thereby to
           grant increase in EBP to the industry, as submitted individually by its member
           companies. Three years had passed and three liquor sourcing policies were
           announced to submit fresh rates but neither approval nor denial was conveyed. On
           the contrary, the Government, while keeping basic EBP same, levied Bottling fee
           which the Breweries were forced to absorb from the EBP approved. This Bottling
           fee went up from ₹7.80/case to ₹11.80/case to ₹19.50/case in three years. In
           meeting with the Principal Secretary Excise, the industry made the point that the
           Bottling Fee be re-imbursed as it is over and above the approved price. In fact, re-
           imbursement of Bottling Fee was being discussed for many months. In this context,
           the DG has completely misconstrued the facts in alleging that OP-5 recommended


Suo Motu Case No. 06 of 2017                                                                49
            increase in duty from 146% to 150% with a view to increase the retail prices of
           Beer. The fact of the matter is that the aforesaid remark was made by OP-5 in the
           context of the revenue loss that the State Government was likely to have faced
           upon re-imbursement of Bottling fees. In the meeting with the Beer manufacturers,
           a suggestion was given to the State Government to raise Excise duty and allow the
           MRP to go up. There would be no change in EBP. There is nothing anti-
           competitive in putting forward a suggestion for consideration to the State to recoup
           its losses, while putting forward a legitimate demand on behalf of the entire
           industry. Therefore, evidently, the DG has inferred price parallelism and 'acting in
           tandem' on part of the OPs merely on the basis of identical changes in the MRPs,
           and has not examined whether there were any changes in the EBPs. Changes in
           MRPs were exclusively on account of changes in Excise duties over the said
           period, without any change in the EBPs. Further, EBPs of all Beer manufacturers
           were identical at ₹265.43 simply on account of the fact that the State of Rajasthan
           grants identical EBPs to the competing brands, based on the lowest rates approved
           in any of the neighbouring states or any other State in the country, as per its Liquor
           Sourcing Policy. This also explains as to why the competing brands of the spirits
           industry also have identical MRPs. The aforesaid fact is easily verifiable from the
           website of Rajasthan State Beverages Corporation Ltd. ('RSBCL').

 15.19.8 With respect to the State of West Bengal, the role of OP-5 was merely to work
           towards rationalisation of duty structure, as the duty on Beer alone (but not for
           other spirits category) had been increased by the State Government from 30.1% of
           EBP to 45.5% of EBP. Further, since the Beer industry was treated in isolation, as
           there were no changes in duty on any other alcoholic beverages, the aforesaid step
           of tax increase by the State Government was very harsh for the Beer industry. In
           other words, in so far as West Bengal is concerned, OP-5 was simply representing
           for tax rationalisation and not for achieving any increase in the EBP prices.

 15.19.9 In case of Delhi, the role of OP-5 was merely to seek re-imbursement of costs
           involved in 2D scanning bar codes on Beer bottles that was imposed by the
           Government in its Excise policy. Further, when the State Government agreed to
           grant some re-imbursement in the form of rate increase, OP-5 agitated against


Suo Motu Case No. 06 of 2017                                                                  50
            discriminatory grant of 3% to Beer industry and 5% to spirits category. Thus, there
           was no attempt to get any rate increase, which continued to be based on the lowest
           price anywhere in the country as had been approved by the State Government.

 15.19.10 In so far as the State of Odisha is concerned, the State Government had arbitrarily
           lowered the EBP for Beer manufacturers by 20% compared to the previous year's
           purchase prices and had increased Excise duties by upwards of 30%, as per its
           policy for 2015-16 which was announced during early March 2015. With
           reduction in EBP by 20% and increase in Excise duty by upwards of 30%, it was
           impossible to conduct business in a viable manner in the State. Further, the changes
           applied even to the existing stocks lying in the Odisha State Beverages Corporation
           Limited ('OSBCL') depots. The existing supply contracts of the Beer
           manufacturers with OSBCL were only till 31.03.2015 and the Beer manufacturers
           were under no contractual obligation to make supplies unless the terms of the new
           contract to be executed was mutually acceptable to the parties. Pertinently, OP-5
           was not even in the loop regarding the discussions amongst its members to stop
           supplies to OSBCL. The State Government had mandated every supplier to execute
           the contract with OSBCL by 16.04.2015, failing which the State Government
           would initiate action for de-registration. On their part, OP-1, OP-3 and OP-4 wrote
           to OSBCL on 16.04.2015 and 17.04.2015 that they would be willing to make
           supplies of Beer at last years' price (i.e., 2014-15) and with increased levies as
           proposed in the current Excise policy for 2015-16. Simultaneously, the action of
           State was also challenged in various writ petitions by the aforesaid OPs and few
           other spirits manufacturers and retailers. Thus, from 17.04.2015 till 30.04.2015, the
           parties were before the Hon'ble High Court of Odisha, which then passed an
           interim order to which all parties including the State complied. There was merit in
           the case of the manufacturers as the Hon'ble High Court restored the prices. In any
           case, OP-5 was not involved in the legal case/petition at any time. Apparently, the
           parties did not want to weaken their case before the Hon'ble High Court by making
           supplies in the meanwhile in terms of the new policy under challenge. Thus, it is
           absolutely incorrect to view the refusal to make supplies by OP-1, OP-3 and OP-4
           as being in violation of the provisions of Section 3(3)(b) of the Act, as the conduct
           was not motivated with any view to fix prices/increase EBPs. Thus, no meaningful


Suo Motu Case No. 06 of 2017                                                                 51
            anti-trust sense can be attributed to the conduct of the OPs, as the decision not to
           make supplies was a direct fallout of the arbitrary nature of State action which
           made their businesses unviable, lapse of contract with OSBCL and pendency of
           writ petition before the Hon'ble High Court.

 15.19.11 The Act does not prohibit collective representations before the appropriate State
           Government Authorities, more so in a market that is completely regulated, for
           grant of fair prices as provided in the policy/tax rationalisation etc.

 15.19.12 The DG has not found that the basic price (i.e., EBP) being demanded by the OPs,
           let alone achieved, on account of their alleged co-ordination, were unfair or supra-
           competitive prices. It is a matter of record that the EBPs granted by the States did
           not change for years together, despite inflationary and other increases in costs for
           the Beer manufacturers, which the DG ought to have verified from the records of
           the State Government. In the absence of any fact on record that basic prices being
           demanded collectively were unfair or supra-competitive, or were granted, it cannot
           be assumed that the OPs indulged in any conduct that violated the provisions of the
           Act.

 15.19.13 The DG has also failed to bring out the fact that OP-5's role as an industry body
           has always been ex-post rather than ex-ante of the submissions made by the Beer
           manufacturers to the State Government. OP-5 has neither been privy to the
           determination of EBP of its respective members nor to the submissions made
           directly and individually by the respective Beer manufacturers for approval to the
           State Governments.

 15.19.14 The DG has also completely ignored and overlooked the fact that examination of
           relevant facts by the State Governments is very prolonged and protracted. It would
           be preposterous to assume that by their collective action through OP-5, the OPs
           could hoodwink/cajole/dominate the State Governments into granting them higher
           prices. Thus, the allegation that the likelihood of getting uniform price increase
           collectively was much higher than applying individually for different prices is a
           mischaracterisation of facts. The same does not amount to violation of the
           provisions of Section 3(3)(a) of the Act.


Suo Motu Case No. 06 of 2017                                                                52
  15.19.15 The DG has also overlooked the fact that the officials of the State Governments
           preferred to interact with the Beer manufacturers through the forum of OP-5, so as
           not only to get industry perspective as a whole but, more importantly, for not being
           seen as favouring any company in their individual demand for revision of prices.

 15.19.16 The DG has also failed to observe that notwithstanding similar MRPs, the effective
           transaction prices for the Beer manufacturers have not been same. This is on
           account of fierce competition amongst the Beer manufacturers/brands. Different
           brands offer different levels of retail trade discounts/schemes, such as happy hours,
           other consumer promotion schemes etc. which result in effective transaction prices
           or the prices at which trade buys competing brands, being different for the Beer
           manufacturers. The DG has also not examined the fact that the brands/OPs
           compete fiercely in sale of their volumes by adopting innovative measures to bring
           in production and distribution efficiencies and pursuing other innovative ways to
           promote sale of their brands. Thus, it is evident that the DG has looked at facts
           selectively and with a prosecution bias. The DG has not looked at the entire mosaic
           of facts before it in a holistic manner to ascertain whether the alleged anti-
           competitive conduct of the OPs fitted in well with their overall conduct. In the
           absence of the same, the conclusions drawn by the DG against the OPs cannot be
           treated as consistent, credible or reliable. Thus, the observations of the DG
           regarding allegation of anti-competitive conduct against OP-5, and its members,
           are liable to be rejected in toto.

 15.20 Mr. Sovan Roy, Director General of All India Brewers' Association

 15.20.1 Reply filed by OP-5 is adopted.

 15.20.2 OP-5 has always emphasised highest respect for the law, and discussions have
           taken place on the belief that conduct of collective representation does not violate
           the provisions of the Act, in as much as the data being shared is not competitively
           business sensitive information and the same is publicly available on the websites of
           the State Corporations and that there was a pressing need to impress upon the State
           Government Authorities to implement their own Excise policies and to rationalise
           duty structures so that the Beer industry does not suffer or is discriminated against.


Suo Motu Case No. 06 of 2017                                                                   53
  15.20.3 Mr. Sovan Roy is a paid employee of OP-5 and does not stand to gain by any direct
           or indirect violation of the law. Thus, he has no vested and/or any personal interest
           in the matter. He merely executed responsibilities under the directions of the Board
           of OP-5, which it verily believed to be legal and dutiful.

 15.20.4 If the Commission still decides to impose any monetary penalty upon Mr. Roy,
           such penalty should only be calculated and be based on the income attributable to
           him from OP-5, and not upon Mr. Roy's total income.

    Analysis:

16. The Commission has perused the applications seeking lesser penalty filed by AB InBev,
    OP-1, OP-4, Mr. Steven Bosch and Mr. Shalabh Seth under Section 46 of the Act, the
    investigation report submitted by the DG and the evidences collected by the DG, the
    suggestions/objections to the DG Report, convenience compilations and written
    arguments filed by the parties, and also heard the oral arguments made by the respective
    learned counsel/senior counsel representing the parties in the matter.

17. The Commission notes that the DG, in the present matter, has established cartelisation
    amongst the OPs in 10 States/UTs out of total 36 States/UTs (28 states and 8 UTs) in
    India. As such, the Commission shall, in the succeeding paragraphs, do State-wise
    analysis of the conduct of the OPs based upon the evidences gathered by the DG, and the
    submissions made by the parties.

    Andhra Pradesh

18. With respect to the State of Andhra Pradesh in which Corporation Model exists, the DG
    has relied upon the following evidences to give a finding of cartelisation against the OPs:

      (i) E-mail communications dated 09.06.2009 exchanged between Mr. Kiran Kumar
           and Mr. Nirmal Rajani of OP-1 and Mr. S. Diwakaran of OP-3, which were
           recovered during search and seizure operation from the premises of OP-1:




Suo Motu Case No. 06 of 2017                                                                 54
            E-mail 1




           E-mail 2




           Email 3




Suo Motu Case No. 06 of 2017   55
            Email 4




      (ii) Statement of Mr. Kiran Kumar of OP-1 regarding the e-mails dated 09.06.2009:

                "To the best of my knowledge, in order to ensure speedy completion of the
                tender process, as explained in Q. No. 3 above, we had exchanged pricing
                proposals with SAB Miller prior to price fixation. Mr. Diwakaran had
                forwarded SAB Miller's proposed price list for AP to me and we would
                have submitted similar pricing for UBL brands."

      (iii) E-mail communication dated 15.11.2013 sent by Mr. Shalabh Seth of OP-3 to Mr.
           Kiran Kumar of OP-1, which was recovered during search and seizure operation
           from the premises of OP-1:




Suo Motu Case No. 06 of 2017                                                                56
       (iv) Statement of Mr. Kiran Kumar of OP-1 regarding the e-mail dated 15.11.2013:

                "This e-mail pertains to a discussion between SAB Miller and UBL
                agreeing on prospective price quotations made in Andhra Pradesh. It is
                likely that UBL would have also applied for similar pricing, though it is
                pertinent to note that Andhra Pradesh and Telangana award identical
                price increases to all existing brands, irrespective of actual price applied
                for, subject to it being higher than the percentage increase awarded by the
                Government ...".
      (v) Messages exchanged between Mr. Shalabh Seth of OP-3 and Mr. Kiran Kumar of
           OP-1 in 2013:




Suo Motu Case No. 06 of 2017                                                                   57
 19. From the e-mail communications dated 09.06.2009 exchanged between OP-1 and OP-3
    extracted at point (i) above, which have been explained by Mr. Kiran Kumar of OP-1 at
    point (ii) above, it is evident that in 2009, price proposals to be quoted to the State
    Corporation were exchanged between OP-1 and OP-3 with respect to the State of Andhra
    Pradesh. Similarly, from the e-mail dated 15.11.2013 extracted at point (iii) above which
    has been explained by Mr. Kiran Kumar of OP-1 at point (iv) above, it is evident that in
    2013 also, OP-3 sent its price proposals to be quoted to the State Corporation to OP-1.
    Even the messages exchanged between Mr. Kiran Kumar of OP-1 and Mr. Shalabh Seth
    of OP-3 in 2013 extracted at point (v) above, evidence co-ordination amongst OP-1 and
    OP-3 with respect to the pricing proposals to be quoted in the State of Andhra Pradesh.

20. Thus, from such evidences, exchange of commercially sensitive information regarding
    MRP and Basic Prices to be quoted to the Andhra Pradesh State Corporation between
    OP-1 and OP-3 in the years 2009 and 2013 is apparent. This has not even been denied by
    Mr. Kiran Kumar of OP-1, the sender/recipient of the information, in his deposition
    recorded before the DG.

21. Before the Commission, neither OP-1 nor OP-3 has denied such exchange of information
    amongst themselves. OP-1 has however, explained that the Andhra Pradesh State
    Beverages Corporation Limited ('APSBCL') granted price approval through a tender
    process, which may not be an annual exercise. As such, the opportunity with the OPs to
    apply for a price increase arose only once every four to five years. Hence, given that the
    opportunities to seek price approvals were provided by APSBCL only once in three to
    five years and seeking price increase is a time-consuming process, OP-1 intended that
    there be no untoward delay in the tender process. Therefore, it exchanged notes on the
    quotations to be made to APSBCL with OP-3 to expedite the process.

22. OP-1 further submitted that the DG has failed to establish actual price co-ordination
    amongst OP-1 and OP-3 at the time of quotation of bids to APSBCL. The actual bids
    quoted by OP-1 and OP-3 have not been analysed by the DG. As such, as per OP-1, even
    if exchange of pricing information took place between OP-1 and OP-3, there is no
    evidence that actual co-ordination of prices between OP-1 and OP-3 took place in the
    State of Andhra Pradesh.



Suo Motu Case No. 06 of 2017                                                                  58
 23. A bare reading of the provisions of Section 3 (1) of the Act shows that these provisions
    not only proscribe the agreements which cause AAEC within India, but the same also
    forbid agreements which are likely to cause AAEC. In the view of the Commission, even
    mere exchange of commercially sensitive pricing information amongst OP-1 and OP-3 in
    2009 and 2013, compromised the integrity of independent bidding process, and was
    likely to stifle competition amongst them in the tenders floated by APSBCL. As such,
    since such conduct of OP-1 and OP-3 was likely to cause AAEC in India, the same
    amounts to contravention of the provisions of Section 3(3)(a) and 3(3)(d) read with
    Section 3(1) of the Act.

    Daman and Diu

24. In respect of the UT of Daman and Diu having Free Market Model, the DG has relied
    upon the following evidences to give a finding of cartelisation amongst the OPs:

      (i) E-mail communications dated 01.10.2008 exchanged between and Mr. Percy
           Driver and Mr. Kiran Kumar of OP-1 and Mr. Jaypal Thapa and Mr. Nilojit Guha
           of OP-3, which were recovered during search and seizure operation from the
           premises of OP-1:

           E-mail 1




Suo Motu Case No. 06 of 2017                                                              59
            E-mail 2




           E-mail 3




Suo Motu Case No. 06 of 2017   60
       (ii) Statement of Mr. Kiran Kumar of OP-1 regarding the e-mails dated 01.10.2008:

                "As far as I can remember, Mr. Jaypal Thapa was the Sales Executive of
                SAB Miller in the territory of Daman and Diu. The matter being very old, I
                can make out from the mail that on account of the increase in Excise duty,
                the local employees of both companies would have agreed to take a small
                price increase along with the duty increase. It is likely that I might have
                approved the said price increase."

25. From the aforesaid e-mail communications extracted at point (i) above, the Commission
    notes that on 01.10.2008, Mr. Jaypal Thapa of OP-3, upon taking approval from Mr.
    Nilojit Guha of OP-3, sent OP-3's calculation of wholesale prices of OP-3's and OP-1's
    Beer in Daman market to Mr. Percy Driver of OP-1, who forwarded the said e-mail to
    Mr. Kiran Kumar of OP-1 for information. Before the DG, Mr. Kiran Kumar, in his
    statement extracted at point (ii) above, did not deny having received the cost card
    prepared by OP-3; rather he admitted that he might have approved the price increase
    agreed upon by the local employees of OP-1 and OP-3.

26. As such, on the basis of such evidence, price co-ordination between OP-1 and OP-3 in
    2008 is clearly established. However, there is no evidence in the DG Report which may
    show that such co-ordination amongst OP-1 and OP-3 continued even beyond
    20.05.2009 or that supply of Beer took place in the UT of Daman post 20.05.2009 (when
    the provisions of Section 3 of the Act came into force), pursuant to the aforesaid o-
    ordination between OP-1 and OP-3 in 2008.

27. As such, in the view of the Commission, no case of contravention of the provisions of
    Section 3 of the Act in the UT of Daman and Diu amongst the OPs, is made out.

    Delhi

28. The DG has noted that in the Hybrid Market of Delhi, Beer is sold through Corporation
    as well as privately. The State Government has formed its own corporation to procure
    and distribute liquor products in the territory, besides also giving open licenses to
    wholesalers and retailers to sell the product within the State. The mode of procurement
    through Corporation is that a tender is generally floated for the State of Delhi and each
    company is called for price negotiations. Prices are fixed by the Delhi Government for



Suo Motu Case No. 06 of 2017                                                                  61
     supply to Corporations, based on lowest price in the neighbouring states. 60% of the
    distribution and retail outlets are controlled by 4 Corporations created by the State
    Government, and remaining 40% of the distribution and retail outlets are held by private
    entities.

29. In regard to NCT of Delhi, the DG has relied upon the following evidences to give a
    finding of cartelisation amongst the OPs:

      (i) Internal e-mail communications dated 11.05.2012 exchanged between Mr. Anil
           Bahl, Mr. Soren Lauridsen, Mr. Michael Jensen, Mr. Subodh Marwah, Mr. Manas
           K. Nijhawan, Mr. Dheeraj Mishra, Mr. Gaurav Vir and Mr. Nimish Gupta of OP-4,
           which were submitted by OP-4 before the DG:

           E-mail 1




Suo Motu Case No. 06 of 2017                                                             62
            E-mail 2




           E-mail 3




      (ii) Statement of Mr. Michael Jensen of OP-4 regarding e-mails dated 11.05.2012
           asking him to comment on the fact that OP-4 was actively co-ordinating with its
           competitors on pricing issues, and taking utmost care so as not to leave any
           documentary evidence of the same:

           "Yes, I completely agree."

      (iii) E-mails exchanged in July and August 2013 between officials of the OPs including
           Mr. Shekhar Ramamurthy and Mr. Perry Goes of OP-1, Mr. Chris White, Mr.
           Mayank Bhatia and Mr. Ajit Jha of OP-3, Mr. Dhiraj Kapur and Mr. Soren
           Lauridsen of OP-4, and Mr. Sovan Roy of OP-5, which were recovered during
           search and seizure operation from the premises of OP-5:




Suo Motu Case No. 06 of 2017                                                             63
            E-mail 1




           E-mail 2




           E-mail 3




Suo Motu Case No. 06 of 2017   64
            E-mail 4




           E-mail 5




Suo Motu Case No. 06 of 2017   65
            E-mail 6




           E-mail 7




Suo Motu Case No. 06 of 2017   66
            E-mail 8




           E-mail 9




           E-mail 10




      (iv) Internal e-mails exchanged in August 2013 between Mr. Shalabh Seth, Mr. Ajit
           Jha, Mr. Rakshat Chopra, Mr. Nilojit Guha and Mr. Anil Arya of OP-3 which were
           submitted by OP-3:




Suo Motu Case No. 06 of 2017                                                           67
            E-mail 1




           E-mail 2




Suo Motu Case No. 06 of 2017   68
       (v) Statement of Mr. Shekhar Ramamurthy of OP-1 regarding the e-mails exchanged
           in July and August 2013:

                "... the context is that the Delhi Government had allowed in their policy a
                basic price increase of 3% to Beer manufacturers, irrespective of what
                their basic price at that time was. However, even this price increase that
                had been approved by the Delhi Government was denied to manufacturers
                on account of the fact that the State would have lost some of its revenue
                due to an element called "rounding-off" which the Government enjoyed.
                In this background, the Beer manufacturers felt the need to petition the
                Government for a fair price increase to cover their costs. The 5% figure
                was taken since at the same time the Delhi Government had allowed hard
                liquor manufacturers to take a 5% increase. The '+12' component
                referred to the additional reimbursement towards other incidental
                expenses which had also gone up.

      (vi) Statement of Mr. Sovan Roy of OP-5 regarding the e-mails exchanged in July and
           August 2013:

                "......the prices in Delhi are fixed by the Delhi Govt. to supply to the
                Corporations, based on lowest price in the neighbouring states. For quite
                some time there was no major increase inspite of increase in the cost of the
                inputs. It was decided by the Board that representation be made to the
                powers including the CM, to plead the case for the Beer industry. In this
                connection, based on the mail shown, member companies forwarded
                emails showing cost computations as per the discussion note.
                Subsequently, AIBA only followed up the issue of discrimination by the
                department of granting 5% increase to the spirits industry and only 3% to
                the Beer industry. This representation to the CM was subsequently replied
                by the department that the 3% increase only is valid ... The platform of
                AIBA was used for pursuing increase of rates of the Beer industry"

      (vii) Statement of Mr. Nilojit Guha of OP-3 regarding e-mails exchanged by him:

                "I do not deny having discussions with mainly Mr. Kiran Kumar on a few
                occasions on the pricing issues. I recollect having contacted Mr. Kiran
                Kumar at times on pricing issues. For example, states like Delhi, Orissa,
                Maharashtra, Karnataka, West Bengal mainly. In these pricing
                discussions, I played the role of a co-ordinator as per instruction of my
                superior (Mr. Shalabh Seth) ..."




Suo Motu Case No. 06 of 2017                                                                   69
     (viii) Statement of Mr. Michael Jensen of OP-4 regarding the e-mails exchanged in July
           and August 2013:

                "... However, free States like WB, Maharashtra, Karnataka (also Delhi
                which is having hybrid model), pricing could be recommended to a higher
                degree from the brewers, than in other States. Therefore, to the best of my
                knowledge, those particular States motivated a higher degree of pricing
                discussions among brewers ..."

      (ix) Submission dated 24.12.2018 of OP-4 before the DG wherein OP-4 acknowledged
           that prior to 2016 (when it appointed Mohan Gold-Water Breweries Ltd as its
           licensee in Delhi), there were discussions between itself and OP-1 and OP-3 on co-
           ordinated price increase in Delhi. OP-4 stated that it had been primarily interacting
           with OP-1 and occasionally with OP-3 to discuss pricing of Beer in Maharashtra,
           West Bengal, Delhi, Karnataka, Puducherry, Odisha and Bihar. The pricing
           discussions took place with a view to seek increase in Beer prices and to co-
           ordinate the proposed actions in response to extraordinary Excise duty increases or
           Bottle Bar Codes by various State Authorities. The discussions on prices were
           primarily focused on the mainstream brand (i.e., Tuborg) in the Free Market States
           such as Maharashtra, West Bengal and Puducherry, the Hybrid State of Delhi as
           well as certain Corporation States such as Odisha, Karnataka and Bihar.

30. From the internal e-mails trail dated 11.05.2012 extracted at point (i) above, the
    Commission notes that given the sensitivity of the e-mail sent by Mr. Anil Bahl of OP-4
    to his superiors and colleagues intimating them about the planned price increase in Delhi
    by competing companies and giving an update of the status of talks held with the Excise
    Commissioner, Delhi and the strategy ahead, OP-4's Legal and Corporate Affairs
    Director Mr. Gaurav Vir asked everyone to discuss such sensitive issues over conference
    calls or in person only. Subsequently, knowing the anti-competitive contents of such e-
    mail communication and likely infringements of competition law, company's then
    Managing Director, Mr. Soren Lauridsen, also directed his subordinates to desist from
    sending such emails. Such co-ordination has even been accepted by Mr. Michael Jensen
    of OP-4 in this statement, as extracted above at point (ii).




Suo Motu Case No. 06 of 2017                                                                  70
 31. Further, from the e-mails exchanged in July and August 2013 between officials of OP-1,
    OP-3, OP-4 and Director General of OP-5 extracted at point (iii) above, the Commission
    observes that while approaching the Government of Delhi for price revision of Beer in
    2013, Mr. Shekhar Ramamurthy of OP-1 suggested to OP-3 and OP-4 to ask for a 5%
    increase with or without ₹10 towards additional costs for barcoding for its key brands.
    After deliberating with the Government and its members, Mr. Sovan Roy of OP-5 and
    Mr. Perry Goes of OP-1 also suggested preparation of cost cards presenting different
    scenarios for key brands by the OPs. The detailed cost cards prepared by Mr. Perry Goes
    of OP-1 were forwarded by Mr. Sovan Roy of OP-5 to the officials of OP-4 for
    discussion with their team members. In his e-mail sent on 07.08.2013, Mr. Shekhar
    Ramamurthy of OP-1 had suggested an option to ask for increase of 5% + ₹12 towards
    barcoding or 7.5%. Subsequently, Mr. Soren Lauridsen of OP-4, in his internal e-mail to
    Mr. Dhiraj Kapur of OP-4 with Cc to Mr. Michael Jensen of OP-4, had suggested to go
    for the maximum, i.e., 7.5% increase.

32. The internal e-mails exchanged in August 2013 between officials of OP-3 extracted at
    point (iv) above also show that there was some sort of understanding amongst the OPs
    that OP-1's price would be the highest so that the other OPs also gain even in case the
    Government resorts to rounding off the MRP to nearest multiple of ₹5.

33. In its objections/suggestions to the DG Report, OP-1 has argued that such discussions
    were a result of legitimate increase required by the OPs to cover their costs and not incur
    losses as their transportation and incidental costs had gone up which were not covered by
    the increase granted by the Delhi Government and there was also a policy of rounding-
    off in Delhi. Further, OP-1 has stated that the OPs were forced to make such joint
    representation for a 5% increase through OP-5 as the same had been discriminately
    awarded to the spirits industry. All the more, the increase in MRP was historically due to
    the increase in Excise duty or increase in retail margin or revision of the methodology for
    calculation of EBP and MRP etc. and the price increase sought jointly by the OPs was
    never implemented; thus, causing no AAEC in the market.




Suo Motu Case No. 06 of 2017                                                                71
 34. OP-4 has also argued in its objections/suggestions to the DG Report that there was no
    implementation of the pricing discussions in Delhi, and therefore, there was no
    contravention of the provisions of the Act caused by the OPs. OP-4 has explained that in
    2013, the Delhi Government had unilaterally implemented a specific individual Bottle
    Bar Code for the Beer industry, which was a costly proposition for the Beer companies
    (as compared to Indian-Made Foreign Liquor ('IMFL')). The Beer companies had
    agreed to implement this, but had communicated to the Excise Department that they
    would look for costs to be compensated. However, in June 2013, the Delhi Government,
    while increasing the price of IMFL by 5%, increased the price of Beer by only 3%.
    Further, by way of notification dated 18.07.2013, the Delhi Excise Department asked the
    Beer companies to absorb an additional amount of 18 paisa per label. Bearing in mind
    these costs, the total impact of Bar Code affixation was an average of ₹12 per case of
    Beer. At this point and in light of the circumstances affecting the industry at large (i.e.,
    the unilateral imposition of Bar Code cost by Delhi Government coupled with only a 3%
    price increase for Beer, as against 5% increase given to IMFL), the Beer companies
    communicated with each other through OP-5, on preferences of the Beer companies for
    maximum price increase, i.e., whether they should ask for 10% price increase over last
    year prices or 7.5% increase over last year prices. They also discussed the reimbursement
    to be sought for Bar-Coding charges. The e-mails exchanged on 07.08.2013 indicate that
    the Beer companies, through OP-5, had agreed to a 7.5% increase in price. Following
    this, the Beer companies, through OP-5, made a representation to the Chief Minister of
    Delhi on 08.08.2013. However, the Delhi Government did not agree to the increase of
    7.5% and this was consequently, not implemented. Further, the Bar-Coding cost was not
    reimbursed to the Beer companies and therefore, had to be ultimately borne entirely by
    the Beer companies themselves. As such, there was no impact of the alignment between
    the Beer companies on this occasion.

35. In the view of the Commission, from the above trail of e-mails (extracted at points (iii)
    and (iv) above) and the statements made by senders/recipients of such e-mails extracted
    at points (v), (vi), (vii) and (viii) above, it is evident that OP-1, OP-3 and OP-4 had co-
    ordinated their price revision requests in the NCT of Delhi in 2013, through the platform
    of OP-5, taking advantage of the free pricing policy in Delhi. This has not even been
    refuted by the OPs in their response to the DG Report. Further, from the e-mails


Suo Motu Case No. 06 of 2017                                                                 72
     extracted at point (i) above, it is evident that the officials of OP-4 were aware of the anti-
    competitive nature of their discussions with the competitors and as such, they decided
    not to discuss such sensitive issues over e-mails.

36. Though OP-1 and OP-4 have submitted that they had been forced to indulge into such
    co-ordination to mitigate their losses, in the view of the Commission, while the OPs were
    well within their rights to take up their grievances and issues with the concerned
    authorities, from competition law perspective, it does not justify the OPs exchanging
    commercially sensitive information and acting in furtherance thereof. Further, though
    OP-4 has submitted that implementation of the price alignment amongst the OPs did not
    take place, the Commission notes that the same was only because price revision request
    was not accepted by the State Government. In any event, the plea is thoroughly
    misconceived. Once an anti-competitive agreement is reached, the integrity of the
    competitive process stands compromised. Be that as it may, in the facts of the present
    case, it is evident that since price revision quotations were submitted to the government
    in furtherance of the discussions amongst the OPs, implementation of the agreement also
    stood completed.

37. OP-5 has submitted in its objections/suggestions to the DG Report that its role in Delhi
    was merely to seek re-imbursement of costs involved in 2D scanning Bar Codes on Beer
    bottles that was imposed by the Government in its Excise Policy. Further, it has
    submitted when the State Government agreed to grant some re-imbursement in the form
    of rate increase, OP-5 agitated against discriminatory grant of 3% to Beer industry and
    5% to spirits category. Thus, it argued that there was no attempt to get any rate increase,
    which continued to be based on the lowest price anywhere in the country as had been
    approved by the State Government. As such, there was no anti-competitive discussion on
    its platform.

38. With respect to such submission made by OP-5, the Commission observes that OP-5,
    being an association of Beer companies, should have limited its role to raising common
    issues affecting the industry and its members before the State government. However, it
    went beyond and indulged in collection and dissemination of commercially sensitive data
    like cost cards of its members. The e-mails extracted at point (iii) above show that the



Suo Motu Case No. 06 of 2017                                                                   73
     data collected by OP-5 from one member, was shared with other members, for comment.
    As such, it is clear that the platform of OP-5 was used by the members for exchange of
    commercially sensitive data, and OP-5 has no explanation for the same. The impugned
    conduct of the OPs including of OP-5, if examined in the backdrop of permissible
    boundaries of legitimate conduct of trade associations, appear to ex facie transgress the
    perimeter within which trade associations can legitimately espouse the cause of their
    respective members.

39. It may be noted that Section 3(1) of the Act not only proscribes agreements which cause
    AAEC within India, but also forbids agreements which are likely to cause AAEC. Hence,
    in the view of the Commission, once the OPs are found to have agreed to co-ordinate
    their price revision requests, it cannot be ruled out that such 'agreement' was likely to
    stifle competition amongst them and was likely to cause AAEC in India. Hence, the
    conduct of OP-1, OP-3, OP-4 and OP-5 in the NCT of Delhi in 2013, amounts to
    contravention of the provisions of Section 3(3)(a) read with Section 3(1) of the Act.

    Karnataka

40. In respect of the State of Karnataka having Corporation Market Model, the DG has relied
    upon the following evidences to give a finding of price co-ordination amongst the OPs:

        (i) E-mail dated 25.01.2011 sent by Mr. S. Diwakaran of OP-3 to Mr. Kiran Kumar
             of OP-1, which was recovered during search and seizure operation from the
             premises of OP-1:




Suo Motu Case No. 06 of 2017                                                                 74
         (ii) Statement of Mr. Kiran Kumar of OP-1 on the e-mail dated 25.01.2011 received
             by him:

                "... In some markets like Karnataka, price changes are allowed on only
                three specified dates in the year. I am submitting a copy of the relevant



Suo Motu Case No. 06 of 2017                                                                75
                 provision of Karnataka Excise Rules in this regard. In order to ensure that
                we do not suffer huge losses as a result of this policy, competitors would
                exchange notes and price main products similarly.
                ... For the reasons explained ... above, UBL and SAB Miller might have
                exchanged prospective pricing plans. It is most likely that these would
                have been implemented in the market."

        (iii) MRP of SKUs of OP-1 and OP-3 in 2011 in the State of Karnataka, submitted by
             OP-1 and OP-3 before the DG and tabulated by the DG:




Suo Motu Case No. 06 of 2017                                                                  76
         (iv) E-mail dated 22.12.2011 sent by Mr. Kiran Kumar of OP-1 to Mr. Shalabh Seth
             and Mr. Anil Arya of OP-3, which was submitted by OP-1 before the DG:




Suo Motu Case No. 06 of 2017                                                          77
         (v) Price changes effected by OP-1 in 2011 for the State of Karnataka in its SKUs,
             and prices of comparable brands of OP-3, submitted by OP-1 and OP-3 before the
             DG and tabulated by the DG:




        (vi) E-mail communications exchanged in January 2015 between Mr. Nitin Sharma of
             OP-3 and Mr. Anil Bahl, Ms. Sukanta Banerjee and Mr. Jagannath Prasad of OP-
             4, which were submitted by OP-4 before the DG:

             E-mail 1




Suo Motu Case No. 06 of 2017                                                             78
              E-mail 2




        (vii) Submission dated 24.12.2018 of OP-4 before the DG wherein OP-4 stated that
             "for UB, Karnataka is the most profitable market in terms of absolute
             profitability. Therefore, it is in UB's interest to ask for price increase. Few weeks



Suo Motu Case No. 06 of 2017                                                                   79
              before the annual price increase (June or July), CIPL and UB would talk to
             confirm their understanding on seeking an INR 5 per bottle (excluding taxes)
             increase. Any implementation of local issues such as excess stock etc. would be
             communicated in advance between the companies so as to not cause any mis-
             understanding among themselves."

    (viii) Comparison of MRPs of highest selling SKU, i.e., Strong Beer 650ml bottle -
             KFS of OP-1, Haywards 5000 ('H5K') of OP-3/AB InBev and Tuborg Strong
             ('TBS') of OP-4, in the State of Karnataka over the period 2009-2018, as culled
             out from their replies submitted to the DG, tabulated and graphically
             demonstrated by the DG:




Suo Motu Case No. 06 of 2017                                                              80
 41. From the e-mail dated 25.01.2011 extracted at point (i) above, it is noted that OP-3 sent
    to OP-1, its proposed MRPs for various brands, to be applied to the Excise authorities in
    the State of Karnataka. Mr. Kiran Kumar of OP-1, the recipient of the said e-mail, in his
    statement extracted at point (ii) above, explained the reason behind such exchange of
    proposed prices stating that as price increase was allowed only thrice a year, prospective
    pricing plans might have been exchanged between OP-1 and OP-3.

42. When the actual price movement of MRPs of SKUs of OP-1 and OP-3's products in
    2011 as extracted at point (iii) above are compared with the proposals sent via e-mail
    dated 25.01.2011, it is noted that the prices of H5K, Knock Out and KFS in the 650ml
    Strong Bottle category were revised by OP-1 in accordance with the proposals sent by
    OP-3 to OP-1. OP-3 had intimated the proposed MRP on 25.01.2011 of ₹78/- for H5K
    and Knock Out 650ml bottle; and OP-1 had increased its price of KFS to ₹78/- on
    04.02.2011, with OP-3 following suit on 16.02.2011 raising the MRP of its above two
    brands to ₹78/-. Further, as proposed, OP-3 also increased the prices of its Foster's Mild




Suo Motu Case No. 06 of 2017                                                               81
     650ml bottle, 330ml bottle and 330ml can, and H5K and Knock Out 500ml can and
    330ml can, to the figures intimated to OP-1.

43. It is noted that though OP-3 had also sent proposed MRPs of Royal Challenge 650ml
    Bottle, H5K 330ml bottle, Knock Out 330ml bottle and Royal Challenge 330ml bottle,
    price revisions made for these brands and for corresponding Beer brands of OP-1 were
    not in accordance with proposals sent. However, in this regard, it is noted that
    nonetheless, the revisions made were to identical figures, which were a little
    higher/lower than the proposed ones. It is axiomatic that cartelists would seek to break
    the pattern of symmetry of revisions through minor variations here and there and as such,
    nothing significant turns upon such deviations from the exchanged or agreed prices.
    Also, it cannot be ruled out that OP-1 and OP-3 may have had subsequent
    communications after 25.01.2011 before deciding the new MRPs of these brands.

44. Thus, the said e-mail communication and corresponding revisions in MRPs of OP-1 and
    OP-3, clearly shows that in January 2011, OP-1 and OP-3 co-ordinated their price
    revisions so as to avoid any price war between themselves.

45. Similarly, from the e-mail dated 22.12.2011 extracted at point (iv) above, it is noted that
    OP-1 sent to OP-3, its price increase working for various brands.

46. When the actual price movement of MRPs of SKUs of OP-1 and OP-3's products as
    extracted at point (v) above are compared with the price increase intimated via e-mail
    dated 22.12.2011, it is noted that the prices of OP-1's KFS Premium 650ml and 330ml,
    Kingfisher Premium Lager 650ml, and UB Export Lager 650ml and 330ml, were revised
    by OP-1 in accordance with the prices communicated by it to OP-3. It can be observed
    from the rates intimated by OP-1 to OP-3, and the actual price revisions made by OP-1 in
    the 5 SKUs, that OP-1 preponed its first price revision to 29.12.2011 to the rates as
    intimated in the said e-mail. Further, as indicated in the e-mail, OP-1 again went ahead
    with another price revision on 02.04.2012 with the MRPs of KFS Premium Beer 650ml
    and Kingfisher Premium Lager Beer 650ml identical to the rates communicated in the e-
    mail. OP-3 also increased the MRPs of its H5K 650ml SKU (competing brand to KFS
    Premium Beer 650ml) to ₹80/- and further to ₹85/- on 23.01.2012 and 01.04.2012,
    respectively. Similarly, for its H5K 330ml SKU (competing brand to KFS Premium


Suo Motu Case No. 06 of 2017                                                                82
     330ml), OP-3 increased the prices to ₹45/- and ₹47/- on 23.01.2012 and 01.04.2012. The
    fact that both these MRP revisions were identical to the rates conveyed by OP-1 and
    corresponding to the schedule of price revisions by OP-1, makes it evident that
    December 2011 onwards, both OP-3 and OP-1 acted upon the price revision proposals
    exchanged amongst them.

47. Further, the e-mail communications of January 2015 extracted at point (vi) above also
    indicate that subsequent to talks between Mr. Anil Bahl of OP-4 and Mr. Nilojit Guha of
    OP-3, Mr. Nitin Sharma of OP-3 forwarded OP-3's proposed prices in the State of
    Karnataka to Mr. Anil Bahl of OP-4. Upon receipt of the same, Mr. Anil Bahl asked his
    subordinates at OP-4 to plan OP-4's price increase in line with the file received from OP-
    3. These e-mails show that OP-3 and OP-4 also exchanged and aligned their prices in the
    State of Karnataka in 2015.

48. In fact, when one analyses the revision in prices of highest selling SKU, i.e., strong Beer
    650ml bottle - KFS of OP-1, H5K of OP-3/AB InBev and TBS of OP-4, in the State of
    Karnataka over the period 2009-2018, as tabulated and graphically demonstrated at point
    (viii) above, it is noted that the dates of price revisions by all OP-1, OP-3 and OP-4, were
    very close to each other with a few instances in which all three OPs increased their prices
    within 1-2 days of each other. The first instance of identical price revisions by OP-1 and
    OP-3 had been in February, 2011 when OP-1 fixed MRP of its KFS 650ml to ₹78 on
    04.02.2011 with OP-3 also raising MRPs of its H5K 650ml to ₹78 on 16.02.2011. This
    identical pricing by OP-1 and OP-3 was pursuant to communication of proposed price
    hike by OP-3 on 25.01.2011 to OP-1. Further, after OP-1 raised MRP of its KFS on
    29.12.2011 from ₹78 to ₹80, OP-3 also revised its prices on 23.01.2012 to the same
    level. Subsequently, on 01.04.2012, OP-3 raised its price to ₹85, with OP-1 increasing its
    price to identical figure on the very next day, i.e., 02.04.2012, and OP-4 following suit
    on 08.04.2012. This price hike by all the OPs was also pursuant to communication of
    OP-1's prices to OP-3 on 22.12.2011. Thereafter, all the three OPs staggered their price
    raise to ₹90 over the period of November 2012 to March 2013, with OP-4 raising it
    further to ₹95 in April 2013. Then, after a gap of around a year, OP-1 further raised its
    prices on 28.02.2014 to ₹100, and OP-3 and OP-4 also revised their prices to identical
    figure on 04.03.2014 and 07.03.2014, respectively. After keeping the prices stable for


Suo Motu Case No. 06 of 2017                                                                 83
     over nine months, OP-1 again took the lead in revising its price to ₹105 on 24.01.2015,
    and thereafter both OP-3 and OP-4 also increased their prices to ₹105 on 12.02.2015. In
    the next year, OP-1 again took the lead in raising its price to ₹120 on 31.03.2016, with
    OP-3 following suit on 01.04.2016 and OP-4 on 02.04.2016. The prices were further
    raised to ₹125 in 2017, with OP-4 increasing its price on 19.04.2017 and OP-1 also
    raising its price to the identical figure in the same year, though the specific date of the
    said revision has not been furnished. Subsequently, on 20.04.2018, the price of OP-1's
    KFS was raised further to ₹130 and on 22.06.2018, OP-4 also increased its price of TBS
    to ₹130, indicating coordination.

49. Though OP-1 has argued that an increase in MRP is not solely the function of the price
    revisions sought by the OPs but is mainly influenced by an increase in taxes/levies/excise
    duties imposed by the State Corporation and the DG ought to have approached the
    Karnataka State Beverages Corporation Limited to understand the reasons behind
    approving similar price increases, in the view of the Commission, there is evidence on
    record showing that identical MRP increase by OP-1 and OP-3, particularly in 2011, was
    a result of their co-ordination in seeking similar price increase from the State
    Corporation. Further, OP-4 has also admitted to have co-ordinated with OP-1 and OP-3
    in 2015 and 2017 regarding its MRP increases. As such, such submission made by OP-1
    seems to have no merit.

50. OP-4 has argued that it did not form part of co-ordination in the State of Karnataka
    before 2015 and the DG has wrongly concluded its price parallelism since 2012 onwards.
    However, in the view of the Commission, the price parallelism graph at point (viii) above
    clearly shows that the MRP of OP-4 also moved in tandem with MRPs of OP-1 and OP-3
    since 2012 onwards. OP-4 raising the MRP of its TBS to ₹85 on 08.04.2012, within a
    week of OP-3 increasing the MRP of its KFS to ₹85 on 01.04.2012 and OP-1 increasing
    the MRP of its H5K to ₹85 on 02.04.2012, cannot be a mere co-incidence.

51. Thus, in light of regular communications amongst the OPs as extracted above, just prior
    to price revisions, such pricing behaviour on part of the OPs cannot be termed as
    'following the leader' reaction. Moreover, as the prices were decided/approved by the
    State regulator, it is not possible for a competitor to raise its prices in similar lines within



Suo Motu Case No. 06 of 2017                                                                     84
     two days of revision by another, unless it had sought similar price increase from the State
    Authority in advance which was approved. Therefore, from the afore-extracted e-mail
    communications and the price revision evidence exhibiting strong price parallelism in the
    Beer market in the State of Karnataka, cartelisation amongst OP-1, OP-3 and OP-4 in the
    State of Karnataka in contravention of the provisions of Section 3(3)(a) read with Section
    3(1) of the Act is clearly evidenced from 2011 to 2018 with OP-4 joining in from 2012
    onwards.

52. Though the parties have argued that they were forced to indulge into such co-ordination
    because of the policies of the Karnataka State Corporation, it is noted that the policy of
    the government explained is simply that the beer manufacturers could ask for price rise
    from the government only three times a year. The Commission is of the view that such
    policy cannot be taken as an excuse for entering into price co-ordination by the parties.

53. Besides the above, the DG has also relied upon the following evidences to give a finding
    of co-ordination amongst OP-1 and OP-3 with respect to supply of Beer to premium
    institutions in the city of Bengaluru:

      (i)     E-mail communications dated 30.10.2010 exchanged between Mr. Nirmal
              Rajani of OP-1 and Mr. S. Diwakaran of OP-3, which were recovered during
              search and seizure operation from the premises of OP-1:

              E-mail 1




Suo Motu Case No. 06 of 2017                                                                    85
 Suo Motu Case No. 06 of 2017   86
               E-mail 2




54. Premium institutions (bulk buyers) being a significant platform for Beer manufacturers
    to promote their products, the Beer companies offer marketing support in the form of
    financial incentives to premium institutions for special offers/events around their brands.
    From the above extracted e-mails, it is observed that Mr. Kiran Kumar, Mr. Nirmal
    Rajani, Mr. Vivek Agnihotri and Ms. Chandrika Kalia of OP-1 had a meeting with Mr. S.
    Diwakaran of OP-3 in March 2010 wherein they decided to optimise their spend and
    have equal opportunities to promote their brands in Bengaluru's 'Premium Institutions',
    while ensuring minimal market share of OP-4's Tuborg and Budweiser (earlier a product
    sold by OP-2). The two OPs decided not to offer any discount on their products sold to
    premium institutions. Though in the said meeting they not could agree upon their
    individual market share, they agreed to meet again and resolve the issue, particularly on
    the sharing of cost and benefits.

55. In fact, in his statement on oath recorded before the DG, Mr. Shalabh Seth of OP-3
    admitted that "...Other than pricing, there were discussions on patent bottle pricing,
    discounts in a few States, and Institutional Sales (where I was not privy to discussions).
    ...".

56. As such, on analyses of the aforesaid evidences, the Commission finds that OP-1 and
    OP-3 had in 2010 'agreed' to co-ordinate in respect of supplies to premium


Suo Motu Case No. 06 of 2017                                                                87
     institutions/bulk buyers in the city of Bengaluru in the State of Karnataka and share costs
    and benefits, to keep competition out. Though OP-1 has argued that such discussions
    were never implemented by OP-1, and as such, no AAEC in India has been caused, the
    Commission is of the considered view that any 'agreement' which is even likely to cause
    AAEC in India, also amounts to contravention of the provisions of Section 3(3) of the
    Act. A bare reading of the provisions of Section 3 (1) of the Act shows that these
    provisions not only proscribe the agreements which cause AAEC within India, but the
    same also forbid agreements which are likely to cause AAEC. Thus, in the view of the
    Commission, OP-1 and OP-3 agreeing to co-ordinate in respect of supplies to premium
    institutions/ bulk buyers in the city of Bengaluru in the State of Karnataka was likely to
    stifle competition amongst them and was likely to cause AAEC in the market.
    Implementation of such anti-competitive agreement is not a sine qua non for establishing
    contravention. Thus, such 'agreement' between OP-1 and OP-3 is found by the
    Commission to be in contravention of the provisions of Section 3(3)(c) read with Section
    3(1) of the Act.

    Maharashtra

57. In regard to the State of Maharashtra having Free Market model, the DG has relied upon
    the following evidences to give a finding of price co-ordination amongst the OPs:

      (i) E-mails exchanged in September 2011 between Mr. Kiran Kumar of OP-1 and Mr.
           Anil Arya of OP-3, which were recovered during search and seizure operation from
           the premises of OP-1:

           E-mail 1




Suo Motu Case No. 06 of 2017                                                                88
            E-mail 2




      (ii) Statements of Mr. Kiran Kumar of OP-1 regarding the aforesaid e-mails exchanged
           by him, on two separate occasions:

                "... the above emails were communicated between Anil Arya of SABMiller
                and myself .... I had sent an excel sheet containing basic price, bottle
                deposit, distributor's margin and our indicative cost of production ... The
                purpose of the communication was to give joint representation to
                Maharashtra Government regarding a returnable bottle deposit system
                like prevalent in the soft drink industry."
                "This was a project undertaken between SAB Miller and UBL to attempt to
                convince the Maharashtra Government to introduce a deposit based
                returnable bottle system so that the consumers would benefit fully from the
                full cost of the returnable bottle. Representations to the Excise department
                as well as the VAT department were rejected by the then Commissioners,
                and the project was dropped."




Suo Motu Case No. 06 of 2017                                                                   89
       (iii) Comparison of MRPs of highest selling SKU, i.e., strong Beer 650ml bottle - KFS
           of OP-1, H5K of OP-3/AB InBev and TBS of OP-4, in the State of Maharashtra
           over the period 2009-2018, as culled out from the replies of the parties submitted
           before the DG, tabulated and graphically demonstrated by the DG:




Suo Motu Case No. 06 of 2017                                                              90
 58. The Commission notes from the e-mails extracted at point (i) above that OP-1 and OP-3
    had exchanged their price cards to be submitted to the Maharashtra Government for
    getting a co-ordinated price increase in the years 2011. Mr. Kiran Kumar of OP-1 and
    Mr. Anil Arya of OP-3 had exchanged their respective companies' break-up of cost of
    production for different MRP levels. The attachment to the e-mail sent by Mr. Kiran
    Kumar also indicates that OP-1 and OP-3 co-ordinated for the difference between the
    increased contribution at different price levels. Though Mr. Kiran Kumar, in his
    statement extracted at point (ii) above, admitted to having shared an excel sheet
    containing basic price, bottle deposit, distributor's margin and indicative cost of
    production, he tried to link the said exchange of information to the issue of deposit-based
    returnable bottles. In the view of the Commission, this does not seem to be a plausible
    explanation for exchange of basic prices, distributor's margin and indicative cost of
    production. Further, even though it has been asserted by Mr. Kiran Kumar that the said
    proposal/project was dropped, the Commission is of the view that the very fact of
    exchange of commercially sensitive information between two competitors is anti-


Suo Motu Case No. 06 of 2017                                                                91
     competitive in nature as the same is likely to stifle competition amongst players and
    likely to cause AAEC in the market.

59. Further, when one analyses the revision in prices of highest selling SKU, i.e., strong Beer
    650ml bottle - KFS of OP-1, H5K of OP-3/AB InBev and TBS of OP-4 in the State of
    Maharashtra over the period 2009-18, as tabulated above and graphically demonstrated
    at point (iii), it can be seen that before the year 2011, the price revisions were made by
    OP-1 and OP-3 on different dates. However, since 2011, the dates of price revisions by
    OP-1 and OP-3 show uncanny closeness. Further, from April 2014 onwards, OP-4 also
    joined OP-1 and OP-3 in making price revisions around the same time. On 02.04.2011,
    OP-1 raised the price of its KFS from ₹80/- to ₹95/-; OP-3 followed it with identical
    price revision of its H5K brand on 13.04.2011. Then in the next year, both OP-1 and OP-
    3 increased the prices of their respective brands to ₹98/- on the same date on 01.04.2012.
    Indifferent to the two, OP-4's price of its TBS brand was ₹100/- in 2012. Subsequently,
    on 26.02.2013, the MRP of KFS was increased to ₹100/- while it was raised to the
    identical level for H5K on 07.03.2013. Thereafter, after a gap of only a month, OP-1
    hiked the MRP of KFS to ₹110/- on 01.04.2013, with OP-4 following it the very next
    day. However, OP-4 raised the price of its TBS brand to ₹113/- on 04.04.2013 which it
    brought down to ₹110/- on 01.06.2013. OP-1 took the lead to increase its price further to
    ₹115/- on 29.04.2014, and OP-4 and OP-3 followed it with similar pricing on 10.05.2014
    and 14.05.2014 respectively. The next year again, OP-1 was the first to further increase
    its price to ₹120/- on 30.01.2015, and it was followed by OP-3 and OP-4 on 12.02.2015
    and 19.02.2015 respectively. However, within 8 months, OP-3 took the initiative to go
    up to ₹125/- on 01.10.2015, and OP-4 and OP-1 then adopted the same pricing on
    03.10.2015 and 06.10.2015 respectively. Similar pattern has been also seen in the years
    2016 and 2017 also, with OP-1 and OP-4 revising their prices to ₹160/- on the same date,
    i.e., 05.04.2018. However, the MRP data for H5K 2017 onwards for the State of
    Maharashtra is not available.

60. Thus, as can be seen from the line graph at point (iii) above, 2014 onwards, the price-line
    of KFS, H5K and TBS in the State of Maharashtra moved parallelly. It is therefore,
    apparent that OP-1, OP-3 and OP-4 took advantage of the State Excise Policy to allow
    free pricing of Beer in the State of Maharashtra with the only requirement of obtaining


Suo Motu Case No. 06 of 2017                                                                92
     Government approval of the manufacturer-determined prices, to fix identical prices of
    their top-selling SKUs.

61. In fact, OP-4 submitted before the DG that:

         "... CIPL only got involved in pricing discussions after it became a reasonable
         meaningful player in Maharashtra, which was around 2012. CIPL was keen to
         know the position that its competitors (particularly UB; UB mainly coordinated
         with SAB) would be likely to adopt on price increases. Whilst CIPL wanted to
         take an aggressive pricing position in Maharashtra, it did not wish to risk taking
         a unilateral stand on price increase, which could have had negative impact on
         volumes and revenues and its competitors would have gained at CIPL's expense.
         Therefore, in the usual course, the respective national sales head of CIPL (Mr.
         Anil Bahl) and UB (Mr. Kiran Kumar Kumar) discussed the proposed price
         increases before the beginning of 'season' (i.e., the summer months, when Beer
         consumption is higher), typically in January or February. The common
         understanding was that a price increase of INR 5 per bottle (excluding taxes)
         almost every year would be sought ... The meetings and discussions were to seek
         a confirmation on such price increase from the competitors, primarily, UB...
         there were discussions among Mr. Anil Bahl, Mr. Kiran Kumar, Mr. Shalabh
         Seth and later with Mr. Nilojit Guha (who replaced Mr. Shalabh Seth at SAB)
         from 2012 till about 2017 ..."

62. In its objections/suggestions to the DG Report also, OP-4 did not dispute to having co-
    ordinated for price increase with OP-1 and OP-3 in the State of Maharashtra since 2012
    onwards. It submitted that it had given many more evidences to the DG with respect to
    price co-ordination in the State of Maharashtra, which the DG does not seem to have
    relied upon.

63. Mr. Kiran Kumar and Mr. Shekhar Ramamurthy of OP-1, in their statements recorded
    before the DG, also admitted to having discussions with competitors before filing for
    price revision notices with the State Authority in Maharashtra.

64. OP-1 submitted in its objections/suggestions to the DG Report that discussions with
    competitors by sharing price cards containing information relating to basic price, bottle
    deposit, distributor's margin and indicative cost of production were only in order to
    incentivise consumers to purchase Beer in light of the difficulty faced by the Beer
    industry due to policies of the State. With respect to this, the Commission notes that the
    explanation offered by OP-1 is thoroughly misconceived and illogical. The policy of the


Suo Motu Case No. 06 of 2017                                                                  93
     government seems to be to not re-imburse the returnable bottle deposit system. However,
    to get the same from the government, the parties could not have illegally resorted to
    sharing such commercially sensitive data with each other to allegedly approach the
    government together. As such, it is not clear as to how is the policy of the government
    responsible for the co-ordinated behaviour of the parties, much less any incentive for
    consumer welfare, as pleaded.

65. Therefore, from the aforesaid evidences and admissions, price discussions and price co-
    ordination amongst OP-1, OP-3 and OP-4 in the State of Maharashtra from at least 2011
    to 2018 (OP-4 joining in in 2012) is seen, which the Commission finds to be in
    contravention of the provisions of Section 3(3)(a) read with Section 3(1) of the Act as the
    same were likely to cause an AAEC in the market.

66. Besides evidence regarding price co-ordination amongst OP-1, OP-3 and OP-4 in the
    State of Maharashtra, the DG has also collected evidence that in the State of
    Maharashtra, at least on one occasion in 2017, OP-1 and OP-4 even collectively decided
    amongst themselves the strategy to oppose Government policy regarding hike in Excise
    duty by deciding to stop production and supply of Beer in the State.

67. In this regard, the internal e-mails dated 17.01.2018 exchanged between Mr. Mahesh
    Kanchan, Mr. Nilesh Patel and Mr. Anil Bahl of OP-4, which were submitted by OP-4
    before the DG, may be referred to:

    E-mail 1




Suo Motu Case No. 06 of 2017                                                                94
     E-mail 2




    E-mail 3




    E-mail 4




68. The Commission notes that, vide the first e-mail extracted above, Mr. Mahesh Kanchan
    sent the industry sales volume of strong Beer in Maharashtra during for the preceding
    four years to Mr. Nilesh Patel. From the table in his message, it is observed that the MRP



Suo Motu Case No. 06 of 2017                                                               95
     of strong Beer SKU has been increasing by ₹10/- every year in Maharashtra, and has
    risen from ₹115/- in 2014 to ₹145/- in 2017. In his reply to such e-mail, i.e., e-mail 2,
    Mr. Nilesh Patel commented that the yearly price increase did not have much impact of
    the sales volume. However, the fall in sales volume in 2017 was "primarily driven by
    conscious decision by UB and CIPL to starve the market ..."

69. In regard to the aforesaid e-mails, OP-4 submitted before the DG that "the conduct of UB
    and CIPL in respect of limiting supply has to be viewed in the context of the arbitrary
    decision of the State Excise Authority to revise the Excise policy overnight. This would
    have resulted in the price of Beer increasing from INR 145 to INR 190 (approximately)
    ... In response to this increase in the Excise duty and until the time the Government
    decided to implement the necessary change, the Beer companies (CIPL and UB) decided
    to short-supply certain major SKUs in the market. The rationale for collectively deciding
    to short-supply was to put pressure on the State Government to fix the Excise tax
    calculation. CIPL limited its production in Maharashtra on 24 October, 2017 ..."

70. Though OP-1 has contended that the above e-mails are internal e-mails of OP-4 and the
    DG has not collected any evidence to show that OP-1 was privy to this information
    exchange      or   OP-1's   involvement   in   this   communication,   it   has,   in   its
    objections/suggestions to the DG Report, acknowledged that it did disrupt the supply of
    Beer in Maharashtra for a while in 2017 as a protest against the arbitrary increase in
    Excise Duty by the State government.

71. Thus, in the view of the Commission, post hike in Excise duty in the State of
    Maharashtra in 2017, it seems that OP-1 and OP-4 had decided to lower their production
    in the State to create an artificial scarcity of Beer to put pressure on the Excise
    Authorities to lower the Excise duty on Beer in the State. Such decision seems to have
    been taken collectively by OP-1 and OP-4. This is evident from a holistic reading to the
    communications exchanged between their officials. Such agreement between OP-1 and
    OP-4 in 2017 to limit the supply of Beer in the State of Maharashtra, is presumed to have
    an AAEC in the market, which the OPs have been unable to rebut in terms of the factors
    stated under Section 19(3) of the Act. Hence, such conduct of OP-1 and OP-4, is found




Suo Motu Case No. 06 of 2017                                                                96
     by the Commission to be in contravention of the provisions of Section 3(3)(b) read with
    Section 3(1) of the Act.

72. In addition to the above, the DG has also found the following evidences with respect to
    OP-1, OP-3 and OP-4 sharing their periodical sales and sales data with each other, for
    the State of Maharashtra:

      (i)   E-mail dated 22.12.2013 sent by Mr. Ganesh Shivaji Kedar of OP-1 to Mr.
            Babasaheb Ramnath Dome of OP-4, which was submitted by OP-1 before the
            DG:




Suo Motu Case No. 06 of 2017                                                             97
       (ii)   E-mail dated 16.10.2014 sent by Mr. Ganesh Shivaji Kedar of OP-1 to Mr.
             Abhijit R. Mahagaonkar of OP-4, which was submitted by OP-1 before the DG:




Suo Motu Case No. 06 of 2017                                                              98
       (iii) E-mail dated 11.08.2015 sent by Mr. Babasaheb Ramnath Dome of OP-4 to Mr.
            Mahesh M. Mundhe of OP-1, which was submitted by OP-1 before the DG:




Suo Motu Case No. 06 of 2017                                                       99
       (iv) E-mail communications exchanged on 16.12.2017 between Mr. Mahesh M.
            Mundhe of OP-1, Ms. Nivrutti Ugale of OP-3 and Mr. Babasaheb Ramnath Dome
            of OP-4, which was submitted by OP-1 before the DG:




Suo Motu Case No. 06 of 2017                                                      100
 73. From the e-mail communications extracted above, it is noted that vide e-mail dated
    22.12.2013, OP-1 shared the company's revenue details and targets in the State of
    Maharashtra for the year 2013-14 with OP-4. The said details provided month-wise
    break-up of the revenue earned by OP-1 from April 2013 till November 2013 as against
    the targeted figures. Similarly, vide e-mail dated 16.10.2014, OP-1 forwarded OP-1's
    revenue chart in the State of Maharashtra for the year 2014 to OP-4. The same showed
    OP-1's revenue earned vis-à-vis the targets fixed for the year 2014-15. Thereafter, vide
    another e-mail dated 11.08.2015, OP-4 also forwarded the company's stock dispatches in
    the State of Maharashtra to OP-1. Further, from the e-mail trail dated 16.12.2017, it is
    noted that on being asked by OP-1, OP-4 forwarded the company's stock position to OP-
    1 and OP-3. The details furnished by OP-4 provided the figures of total production, stock
    dispatches made and stock with distributors of the company.

74. From the afore-extracted e-mails, it is evident that OP-1, OP-3 and OP-4 were
    exchanging their actual Beer production, revenue details, targets, stock sold and stock
    held by the companies besides sharing details of their stocks lying with the distributors.
    The DG has concluded that the aforesaid e-mails indicate that OP-1, OP-3 and OP-4
    were monitoring the actual stock movements of each other within the distribution
    channels so that the volume of Beer sold by individual companies is in conformity with
    the 'understanding/agreement' reached between them and they can keep a track of each
    other's market share. Such conduct of OP-1, OP-3 and OP-4 has been found by the DG
    to be in contravention of the provisions of Section 3(3)(c) read with 3(1) of the Act.

75. However, OP-1 has argued that such discussions were at the behest of the State Excise
    Department who required the OPs to submit data jointly, through WhatsApp groups that
    were administrated by officials from State Excise Departments. The State Government of
    Maharashtra itself had suggested that the OPs exchange information on WhatsApp
    groups, namely 'Export from Aurangabad', 'Daily Production Dispatch Report' and
    'Dispatch in Maharashtra'. The administrators of such WhatsApp groups were either the
    Plant Excise Inspectors or representatives of the Excise Commissioner's Office. Thus, on
    such WhatsApp groups, supply and dispatch information was required to be shared and
    the State officials themselves mandated each brewery to compile and share commercially
    sensitive data with other breweries in a prescribed format on regular/periodical basis.


Suo Motu Case No. 06 of 2017                                                                  101
 76. OP-4 has also argued that during 2013-14, the Office of the Superintendent of Excise,
    Aurangabad, had required all Beer companies to provide the above data, in a specific
    format. The format was also provided by the Excise Department. However, the Office of
    the Superintendent did not have any skilled staff members who could collect such data,
    and accordingly, the Superintendent had deputed a person from OP-1 with the task of
    collection of such data/information. As such, OP-1 would request all the Beer companies
    to provide their data to OP-1 in the format specified by the Excise Department. Once this
    data was collated by OP-1, it would be provided to the Excise Department. In certain
    instances, OP-1 would provide its data in the format provided by the Excise department,
    to aid OP-4 in submitting its data in the correct format.

77. With respect to the above arguments taken by OP-1 and OP-4, the Commission notes
    that there is no explanation put forth by either OP-1 or OP-4 for OP-1, OP-3 and OP-4
    sharing their revenue and target details with each other, which was not only historical
    data, but also their prospective data. Further, it is also noted that though OP-1 has argued
    that it was tasked with the collection of stock and supply data and submitting the same to
    government, it was also sending its such data to the other OPs, for which there is no
    explanation.

78. Thus, in the view of the Commission, the only rationale behind sharing of such
    commercially sensitive data between OP-1, OP-3 and OP-4, is to help them keep track of
    each other's market share and distribution, which amounts to allocation of market
    between them. Under the provisions of Section 3 of the Act, since conduct of the OPs is
    presumed to cause an AAEC in the market, which the OPs have been unable to refute in
    terms of the factors stated under Section 19(3) of the Act, hence, amounting to
    contravention of the provisions of Section 3(3)(c) read with 3(1) of the Act by OP-1, OP-
    3 and OP-4.

    Odisha

79. In respect of the State of Odisha having Corporation Market model, the DG has relied
    upon the following evidences, to give a finding of price co-ordination amongst the OPs:




Suo Motu Case No. 06 of 2017                                                                102
       (i) E-mail communications dated 14-15.09.2009 exchanged between Mr. Kiran
           Kumar of OP-1 and Mr. Nilojit Guha of OP-3, which were recovered during search
           and seizure operation from the premises of OP-1:

           E-mail 1




Suo Motu Case No. 06 of 2017                                                          103
            E-mail 2




      (ii) Statement of Mr. Kiran Kumar of OP-1 regarding the e-mails dated 14-15.09.2009:

                "We might have discussed the proposed prices for Orissa, and submitted
                the price revision requests accordingly. To the best of my knowledge, this
                was necessitated by the fact that we did not get any price increase for
                almost 2 years."

      (iii) Statement of Mr. Nilojit Guha of OP-3 regarding the e-mails dated 14-15.09.2009:

                "Even though it appears that I have replied to the said email, I do not
                remember the context of the email, since it is an email from 2009."




Suo Motu Case No. 06 of 2017                                                                 104
            Subsequently, when confronted with other e-mails and WhatsApp communications
           made by him containing anti-competitive discussions with competitors, Mr. Nilojit
           Guha stated that:

                "I do not deny having discussions with mainly Mr. Kiran Kumar on a few
                occasions on the pricing issues. I recollect having contacted, Mr. Kiran
                Kumar at times on pricing issues. For example, states like Delhi, Orissa,
                Maharashtra, Karnataka, West Bengal mainly. In these pricing
                discussions I played the role of a coordinator as per instruction of my
                superior (Mr. Shalabh Seth) ... Whatever discussion I had with Mr. Kiran
                Kumar was mainly with the intention that the industry gets the price
                increase to recover the rising cost of raw materials. I never knew that this
                comes under the purview of the Competition Commission of India...
                ...I now admit that at times I had coordinated with the competitor (mainly
                with Mr. Kiran Kumar of UB) for application of our price requests in
                certain States. This coordination role I had played mainly on the
                instructions of my superiors who would fix the price and advise me to go
                for the application for price revision in different States... These
                interactions with the competitors did not benefit me personally, and this
                has been done mainly with the intention to recover the increasing cost of
                production."

      (iv) E-mails dated 04-08.03.2010 exchanged between Mr. Sourav R. of OP-1 and Mr.
           Kalyan Pattanaik and Mr. Nilojit Guha of OP-3 which were recovered during
           search and seizure from the premises of OP-1:

           E-mail 1




Suo Motu Case No. 06 of 2017                                                                   105
            E-mail 2




           E-mail 3




      (v) Statement of Mr. Kiran Kumar of OP-1 regarding the e-mails dated 04-08.03.2010:

                "As answered by me in the previous answer, Mr. Nilojit Guha and I might
                have discussed our respective company's prices and aligned our prices
                accordingly. The Kalyani Black Label is priced lower than other
                mainstream Beers, and UBL's interest was to provide cost conscious
                consumers the option of another brand at a lower price."

      (vi) Statements of Mr. Nilojit Guha of OP-3 regarding the e-mails dated 04-08.03.2010:

                "Having seen the email communication shown to me, I do not deny having
                sent the email to Mr. Kiran Kumar, to which he replied back to me. Mr.
                Kalyan Pattanaik was the Regional Sales Head of Rest of Central region
                based in Mumbai. He had sent the proposed prices to Mr. Sourav of UB,
                and on my calling for views from Mr. Kiran Kumar, Mr. Kiran Kumar
                commented that he would like the differential between Kingfisher Strong
                and Kalyani Black Label Strong to go forward."




Suo Motu Case No. 06 of 2017                                                              106
       (vii) MRP details of OP-3's brands in the State of Odisha furnished by OP-3 showing
           changes in pricing of its comparable brands:




    (viii) MRP details of OP-1's brands in the State of Odisha furnished by OP-1 showing
           changes in pricing of its comparable brands:




80. From the e-mail trail dated 14-15.09.2009 extracted at point (i) above exchanged
    between OP-1 and OP-3, the Commission notes that the top managerial level officers of
    the two competing companies had exchanged their respective company's letters to
    OSBCL for revision in their offer prices for supply to OSBCL, thereby exchanging their
    offer prices in the State. Discussion on proposed prices for the State of Odisha has even
    been admitted by the respective officials of OP-1 and OP-3 in their statements before the
    DG extracted at points (ii) and (iii) above.

81. Further, from the e-mail communications dated 04-08.03.2010 extracted at point (iv)
    above regarding communication of OP-3's proposed End Consumer Price ('ECP') after
    new Excise Duty structure to OP-1, when seen and analysed in light of the data relating



Suo Motu Case No. 06 of 2017                                                             107
     to price increases submitted by OP-3 extracted at point (vi) above, it is noted that in
    consonance with the pricing details communicated by OP-3 to OP-1, OP-3's MRPs of its
    650ml bottles of Beer did increase to the figures conveyed in the e-mail. Thus, it is
    evident that OP-3 exchanged its proposed prices with OP-1 for concurrence in March
    2010 before approaching the Odisha State Government for approval, and after obtaining
    the said approval, increased the prices of its Beer with effect from 01.04.2010, identical
    to the figures communicated as 'New ECP with Duty Hike'.

82. Furthermore, upon analysis of the data relating to price increases submitted by OP-1
    extracted at point (vii) above, it is noted that in consonance with the proposals sent by
    OP-3 on 08.03.2010, OP-1 also raised the prices of its comparable Beer brands to figures
    identical to that of OP-3 with effect from the same date, i.e., 01.04.2010.

83. As regards the insistence of Mr. Kiran Kumar of OP-1 vide e-mail dated 08.03.2010 to
    keep 'current differential between KFS and KBLS going forward', it is observed from
    the table extracted at point (viii) above that the MRPs of both KFS 650ml and KBLS
    650ml were raised by ₹1 each, maintaining the price differential of ₹2 between their
    prices.

84. Therefore, from the above trail of e-mails and pricing data of OP-1 and OP-3 for the
    State of Odisha, price co-ordination between OP-1 and OP-3 is evident.

85. However, in this regard, OP-1 has submitted that its discussion as above was never
    implemented in the market and there was no co-ordination in the EBPs on which the OPs
    seek an increase. Further, it submitted that the OP's share of consumer prices in the State
    have decreased over the last ten years evidencing that increase in MRP for consumers
    was mostly due to increase in duties levied by the State Government. Therefore, the
    communication evidence as aforesaid, relied upon by the DG, has not resulted in any
    AAEC in India.

86. In the view of the Commission, any 'agreement' between competitors, which may or
    may not have actually been implemented, if was even likely to cause an AAEC in India,
    amounts to contravention of the provisions of Section 3(3) of the Act. Implementation of




Suo Motu Case No. 06 of 2017                                                               108
     such anti-competitive agreement or actual causing of AAEC is not a sine qua non for
    establishing contravention.

87. Further, the Commission notes that OP-4 in its lesser penalty application, has
    acknowledged that it was also a part of price co-ordination in the State of Odisha in 2015
    and 2016.

88. As such, the Commission finds OP-1 and OP-3 guilty of price co-ordination in the State
    of Odisha in 2009 and 2010 and OP-4 guilty of price co-ordination in the State of Odisha
    in 2015 and 2016. As such price co-ordination was likely to stifle competition amongst
    them and may cause AAEC in India, the same amounts to contravention of the
    provisions of Section 3(3)(a) read with 3(1) of the Act.

89. In addition to the above, in the State of Odisha, the DG has also collected the following
    evidences and reached a conclusion that in 2015-16, OP-1, OP-3 and OP-4, under the
    umbrella of OP-5, had agreed to stop supply of Beer till there was a roll-back of 20%
    reduction in EBP in the Excise Policy for 2015-16:

      (i) E-mail communications dated 05-06.03.2015 exchanged between Mr. Shekhar
           Ramamurthy of OP-1, Mr. Shalabh Seth of OP-3, Mr. Michel Jensen of OP-4 and
           Mr. Sovan Roy of OP-5, which were recovered during search and seizure operation
           from the premises of OP-5:

           E-mail 1




Suo Motu Case No. 06 of 2017                                                              109
            E-mail 2




           E-mail 3




           E-mail 4




Suo Motu Case No. 06 of 2017   110
            E-mail 5




           E-mail 6




           E-mail 7




Suo Motu Case No. 06 of 2017   111
            E-mail 8




           E-mail 9




           E-mail 10




           E-mail 11




Suo Motu Case No. 06 of 2017   112
       (ii) Internal e-mails communications of 23-27.03.2015 exchanged between Mr. Anil
           Bahl, Ms. Sukanta Banerjee, Mr. Michael Jensen, Mr. Dhiraj Kapur and Mr. Nayan
           Nanda Bal of OP-4:

           E-mail 1




           E-mail 2




           E-mail 3




           E-mail 4




Suo Motu Case No. 06 of 2017                                                          113
            E-mail 5




           E-mail 6




           E-mail 7




      (iii) E-mail communications of March-April 2015 exchanged between Mr. Shekhar
           Ramamurthy of OP-1, Mr. Shalabh Seth and Mr. Manish Shyam of OP-3, Mr.
           Michel Jensen and Mr. Dhiraj Kapur of OP-4 and Mr. Sovan Roy of OP-5, which
           were recovered during search and seizure operation from the premises of OP-5:




Suo Motu Case No. 06 of 2017                                                               114
            E-mail 1




           E-mail 2




           E-mail 3




Suo Motu Case No. 06 of 2017   115
            E-mail 4




           E-mail 5




           E-mail 6




Suo Motu Case No. 06 of 2017   116
            E-mail 7




           E-mail 8




           E-mail 9




Suo Motu Case No. 06 of 2017   117
            E-mail 10




Suo Motu Case No. 06 of 2017   118
            E-mail 11




           E-mail 12




           E-mail 13




Suo Motu Case No. 06 of 2017   119
            E-mail 14




           E-mail 15




           E-mail 16




Suo Motu Case No. 06 of 2017   120
            E-mail 17




           E-mail 18




Suo Motu Case No. 06 of 2017   121
            E-mail 19




           E-mail 20




           E-mail 21




Suo Motu Case No. 06 of 2017   122
            E-mail 22




           E-mail 23




Suo Motu Case No. 06 of 2017   123
            E-mail 24




90. From the e-mail trails extracted at points (i), (ii) and (iii) above, the Commission notes
    that the OPs had both e-mail communications as well as conference calls to discuss their
    strategy to oppose Odisha Government's Liquor Excise Policy for 2015-16 wherein the
    EBP and Ex-Distributor Prices ('EDP') were reduced by 20% and 10% respectively,
    over the previous year's rates. The Managing Directors and other senior officers of OP-1,
    OP-3 and OP-4 and the Director General of OP-5 collectively decided to file a writ
    petition before the Hon'ble Odisha High Court against the so called 'abuse of power' by
    the Odisha Government. The aforesaid e-mails make it evident that there was close co-
    ordination amongst the OPs to collectively oppose the executive decision of the State
    Government by stopping supplies to the State Corporation in protest. OP-5 also, on its
    part, facilitated such anti-competitive contacts between its members by routing the e-mail


Suo Motu Case No. 06 of 2017                                                              124
     communications to other members and arranging conference calls between the Managing
    Directors of its member companies, wherein they discussed and aligned their future
    business strategies.

91. In its submission before the DG in this regard, OP-4 has admitted that consequent to the
    20% EBP reduction by Odisha Government, "all Beer companies decided to limit supply
    of Beer in Orissa and refused to sign the agreement. The curtailment of supply took place
    through AIBA and Mr. Shekhar Ramamurthy. Mr. Michael Jensen, Mr. Shalabh Seth,
    Mr. Sovan Roy, Mr. Dhiraj Kapur, Mr. Manish Shyam, Mr. Perry Goes and Mr. Chris
    White had discussions on this issue ... As a result of the stand-off, there was no Beer
    supply in May 2015 in Orissa."

92. Further, in his statement recorded on oath before the DG, Mr. Michael Jensen of OP-4
    stated that:

            "The earlier Excise policy had expired, and CIPL was under no obligation to
            make supplies. There was an offer from Orissa Government to effectively reduce
            EBP by 20% in its new policy, resulting in loss making sales in the State. Based
            on this unprecedented, one-sided policy suggestions from the Orissa State
            Government, the breweries jointly decided not to entertain, and participate in
            the new policy ... The breweries jointly decided to move this case to the High
            Court of Orissa and ... the Court decided upon an interim solution where part of
            the decrease in EBP amounting to 7.5% would be put in an escrow account until
            further agreement was settlement between the parties within a year. Under these
            guidelines, the parties decided to resupply in Orissa within a month ... This
            contentious point is still unsolved four years later, and the situation led to CIPL
            stopping the sale of non-premium products, like Tuborg, reducing our Orissa
            market share from previously +20% to less than 8%."

93. Similarly, Mr. Shekhar Ramamurthy of OP-1 also stated before the DG in his statement
    that:

            "The background to this is that the State Excise unilaterally decided to drop our
            basic price by 20% and increase duties. There was no opportunity provided to
            companies to discuss. The Beer manufacturers viewed this action by the Orissa
            State Excise as a very dangerous policy precedent wherein States would have
            the ability not just to prevent price increases but also be able to reduce our
            prices. In our view, this was coordinated activity by Beer manufacturers to
            petition the Government against this unjust decision. In fact, we moved the High
            Court and the High Court decision was to place the difference between the old


Suo Motu Case No. 06 of 2017                                                                      125
          offer price and the reduced offer price in an escrow account till the matter
         would be legally resolved. After a year, the High Court ruled in favour of
         manufacturers and we were allowed to reinstate our old prices. To the best of
         my knowledge, the companies filed separate petitions before the High Court but
         all these were heard and decided jointly ..."

94. Mr. Kiran Kumar of OP-1 also stated before the DG, as under:

         "... In Odisha, 2-3 years ago when the Government increased duty and reduced
         manufacturers prices, through AIBA we had discussions wherein we discussed
         pricing and the way forward to work with the Government to rationalise the
         pricing."

95. When Mr. Sovan Roy, Director General of OP-5 was questioned about the aforesaid e-
    mail trails during his deposition before the DG, he stated that:

         "In the new Excise policy framed by the Orissa Government, there was a
         suggestion from the Government to enforce the bottling fee of around Rs. 40/-
         within the ex-brewery price supplied to the Corporation. This being a
         substantial sum, the members got agitated and wanted AIBA to represent the
         case to the Authorities concerned. AIBA failed to get reprieve from the Excise
         Commissioner and subsequently representations were drafted and presented to
         the Chief Secretary. The conclusion was that till the decision of the Price
         Negotiating Committee (PNC) the breweries will have to absorb the additional
         cost. Some of the member breweries seemed agitated on this. Meanwhile, a
         retailer approached the high court but no permanent order was granted by the
         court. Subsequently, the breweries continued to make supplies."

96. Thus, evidently, in 2015-16, post reduction of EBP and EDP by the State of Odisha
    through its Excise Policy, OP-1, OP-3 and OP-4 stopped supply of Beer in the State of
    Odisha to force the State Corporation to roll-back the Excise Policy, apart from filing a
    writ petition in this regard before the Hon'ble Odisha High Court. Discussions in this
    regard, to take concerted actions against the decision of OSBCL, was taken through the
    platform of OP-5.

97. Though OP-1 has argued that disruption of supplies had lasted less than two months,
    with the OPs restricting supplies at different times even though the broad range of the
    timing of such stoppage was the same, in the view of the Commission, the very fact of
    co-ordinated disruption of supply amounts to an anti-competitive agreement amongst the
    OPs.


Suo Motu Case No. 06 of 2017                                                              126
 98. Further, OP-1 has argued that (i) the OPs had implemented supply restrictions only as a
    means to present their countervailing power in response to monopsony power of the
    State Government; (ii) that the DG did not acknowledge the effects of such regulation by
    the State Government which resulted in an increase of MRP by ₹16 per bottle on KFS
    650ml, which would have to be ultimately borne by the end consumers and would
    potentially lead to decrease in the sale of Beer in the State; (iii) that the Hon'ble High
    Court of Odisha also ruled in favour of the Beer manufacturers which validated the stand
    of the Beer manufacturers; and (iv) that the OPs resumed supply once the Hon'ble
    Odisha High Court placated the Beer manufacturers by offering them interim remedy.

99. However, the Commission is of the view that stoppage of supply by OP-1, OP-3 and OP-
    4 of Beer to OSBCL around the same time in 2015, even if in response to reduction in
    EBP rates by the State, violated the law being a concerted action amongst the OP-1, OP-
    3 and OP-4 to limit supplies. In fact, though OP-1 has tried to blame OSBCL for the
    likely loss which would be caused to the consumers as a result of increase in MRP of
    Beer, the Commission notes from the e-mails extracted at point (iii) above that such
    concerted action amongst OP-1, OP-3 and OP-4, through the platform of OP-5, had led
    to OSBCL proposing to increase MRP of Beer for the consumers, which was a
    consequence of the co-ordinated action of the OPs only.

100.OP-5 has also argued that (i) it was not in the loop regarding discussions amongst its
    members to stop supplies to OSBCL; (ii) it was not involved in the legal case/petition
    filed before Hon'ble Odisha High Court at any time; (iii) parties stopped supplies
    because they did not want to weaken their case before the Hon'ble High Court by
    making supplies in the meanwhile in terms of the new policy under challenge; and (iv) as
    the conduct of the OPs was not motivated with any view to fix prices/increase EBPs, no
    meaningful anti-trust sense can be attributed to the conduct of the OPs.

101.The Commission however, notes that all discussions pointed towards taking some
    concerted action against the OSBCL policy, took place through the platform of OP-5
    only. In fact, OP-4, in its submission to the DG, has stated that "all Beer companies
    decided to limit supply of Beer in Orissa and refused to sign the agreement. The
    curtailment of supply took place through AIBA and ...".



Suo Motu Case No. 06 of 2017                                                              127
 102.Thus, the agreement between the OPs in 2015-16, to limit the supply of Beer in the State
    of Odisha, in terms of Section 3 of the Act, is presumed to have an AAEC within India,
    which effect the OPs, have been unable to rebut in terms of the factors stated under
    Section 19(3) of the Act. Therefore, such limiting of supply by the OPs is held by the
    Commission to be in contravention of the provisions of Section 3(3)(b) read with Section
    3(1) of the Act.

    Puducherry

103.In respect of the UT of Puducherry having Free Market model, the DG has relied upon
    the following evidences to give a finding of cartelisation amongst the OPs:

      (i)        Internal e-mail communications exchanged in February 2017 between Mr.
                 Probal Dutta, Mr. Justin Raj, Mr. Arvind Sharma and Mr. Anil Bahl of OP-4,
                 which were submitted by OP-4 before the DG:

                 E-mail 1




             -

                 E-mail 2




Suo Motu Case No. 06 of 2017                                                            128
               E-mail 3




Suo Motu Case No. 06 of 2017   129
               E-mail 4




              E-mail 5




Suo Motu Case No. 06 of 2017   130
               E-mail 6




              E-mail 7




              E-mail 8




Suo Motu Case No. 06 of 2017   131
               E-mail 9




              E-mail 10




              E-mail 11




      (ii)    Messages exchanged between Mr. Kiran Kumar of OP-1 and Mr. Deepak
              Malhotra of OP-3, which were recovered during search and seizure operation
              from the iPhone of Mr. Kiran Kumar of OP-1:




Suo Motu Case No. 06 of 2017                                                         132
               Messages exchanged between Mr. Anil Bahl of OP-4 and Mr. Nilojit Guha of
              OP-3, which were recovered during search and seizure operation from the
              iPhone of Mr. Kiran Kumar of OP-1 as he was CC'd in the message:




      (iii)   Comparative prices of strong Beer SKUs of OP-1, OP-3 and OP-4 in the UT of
              Puducherry, as tabulated by the DG from the replies of OP-1 and OP-3:




Suo Motu Case No. 06 of 2017                                                          133
 104.From the February 2017 trail of e-mails extracted at point (i) above, the Commission
    notes that Mr. Anil Bahl had been keeping track of discussions of OP-4 with competitors
    about the price revisions made by the company in the UT of Puducherry (earlier called
    Pondicherry). On 14.02.2017, Mr. Justin Raj (Sales Manager - Puducherry and Kerala)
    reported about competitors' plan about their price changes. On a proposal to increase the
    price of OP-4's TBS 650ml bottle from ₹75/- to ₹80/-, Mr. Bahl asked Mr. Justin Raj to
    check with the competitors about the decision taken in the industry. Mr. Justin Raj
    reported back that "as confirmed by UB team, 99% chance of increasing MRP to Rs. 80
    ... SAB no changes".

105.Further, from the messages exchanged between Mr. Kiran Kumar of OP-1 and Mr.
    Deepak Malhotra of OP-3 extracted at point (ii) above, the Commission notes that, in his
    message conversation with Mr. Deepak Malhotra, Mr. Kiran Kumar asks about the
    progress in Puducherry and West Bengal. Mr. Deepak Malhotra replies that OP-3 is
    working on rounding off the MRP in Puducherry and going for a ₹10/- increase in West
    Bengal.

106.Similarly, it is noted from the messages exchanged between Mr. Nilojit Guha of OP-3
    and Mr. Anil Bahl of OP-4 extracted at point (iii) above that, in his message conversation
    with Mr. Anil Bahl of OP-4, Mr. Nilojit Guha asks Mr. Bahl for confirmation about OP-
    4's implementation of the understanding reached between them. Such message was also
    CC'd to Mr. Kiran Kumar of OP-1. In response, Mr. Bahl intimated about OP-4's


Suo Motu Case No. 06 of 2017                                                              134
     agreement on Puducherry proposal and OP-4's plan to increase prices of Carlsberg
    Elephant and Carlsberg Mild Beer to ₹110/- and ₹105/- respectively.

107.When the price increases in the UT of Puducherry in 2017 as tabulated at point (iv)
    above are seen in light of the aforesaid message communications exchanged and OP-4's
    afore-extracted internal e-mails, it is apparent that both OP-1 and OP-4 increased their
    MRPs of Strong Beer SKUs to identical figures of ₹80/- as proposed. However, price
    revisions, if any, made by OP-3 in the MRP of its H5K 650ml bottle and by OP-4 for its
    Elephant and Mild Beer variants in February-March 2017 in the UT of Puducherry, are
    not available.

108.Though OP-1 has argued that the internal e-mails exchanged among officials of OP-4
    cannot be relied upon as evidence against it, as it was neither confronted with these e-
    mails    during    the     course   of   the   investigation   nor   allowed   to   offer   any
    explanation/clarification regarding its lack of involvement/knowledge of the referred
    communications, which highlights serious flaws in the DG's investigation process, the
    Commission is of the view that the messages to which Mr. Kiran Kumar of OP-1 was
    privy to, and the identical increase in prices at the same time as competitors in line with
    the discussions being made in the internal e-mails of OP-4, are sufficient evidence of
    involvement of OP-1 in price co-ordination in the UT of Puducherry in 2017.

109.Hence, the above communications and actual price revisions made by OP-1 and OP-4 in
    conformity with their discussions, are clear indication of the fact that OP-1, OP-3 and
    OP-4 were in close touch with each other in 2017 regarding their price revision proposals
    in the UT of Puducherry. OP-4 has also not denied its such conduct, in its
    objections/suggestions to the DG Report. Thus, since such price co-ordination between
    OP-1, OP-3 and OP-4 is presumed to have an AAEC within India under the provisions of
    Section 3(3) of the Act, which effect the OPs have been unable to rebut, the same is held
    by the Commission to be in contravention of the provisions of Section 3(3)(a) read with
    3(1) of the Act.




Suo Motu Case No. 06 of 2017                                                                    135
     Rajasthan

110.In respect of the State of Rajasthan having the Corporation Market model, the DG has
    relied upon the following evidences to give a finding of price co-ordination amongst the
    OPs:

      (i)   E-mail communications dated 05.06.2015 exchanged between OP-1, Mr. Shalabh
            Seth of OP-3, Mr. Michael Jensen of OP-4 and Mr. Sovan Roy of OP-5, which
            were recovered during search and seizure operation from the premises of OP-1
            and OP-5:

            E-mail 1




            E-mail 2




Suo Motu Case No. 06 of 2017                                                            136
              E-mail 3




      (ii)   Letter dated 23.11.2016 sent by OP-5 to the Secretary, Finance and Revenue,
             Government of Rajasthan, requesting a price increase on behalf of its member
             companies:




Suo Motu Case No. 06 of 2017                                                          137
       (iii) Statement of Mr. Sovan Roy, Director General of OP-5, regarding the e-mail trail
            dated 05.06.2015 and the letter dated 23.11.2016:

                "Individual breweries supplying to RSBCL had submitted rates for price
                increase directly to the Excise Commissioner who was the MD of the
                RSBCL Corporation. AIBA was following up with the department the issue
                of not having granted rate increase to the breweries over a considerable
                period of time. The department continued to increase the Excise duty
                during this period from 146% to 150%. The suggestion was that since the
                MRP was going up because of the department having changed the duty
                structure from 90 to 98, there was a suggestion if this could be taken up to
                100. Ultimately, no change in pricing was granted or sanctioned by the
                Government."
            When asked as to how the EBP of exactly ₹265.43 for the State of Rajasthan was
            arrived at by all three competitors as mentioned in the attachment in the letter
            dated 23.11.2016 sent by OP-5 to the Secretary Finance and Revenue,
            Government of Rajasthan, Mr. Sovan Roy replied that:

                "As per the liquor sourcing policy of the Rajasthan Govt., individual
                brewers who wish to supply to RSBCL need to fill the details of the cost
                with justification sheet in the format prescribed by RSBCL. The RSBCL
                reviews and conveys the pricing to the brewers directly. In this
                determination of price by the department, AIBA is not involved or present.


Suo Motu Case No. 06 of 2017                                                                   138
                 ... The prices referred above as an example was conveyed to illustrate the
                point for making grounds for increase in prices. The arrival of the price of
                Rs. 265 and the mode by which it was arrived at, was not to my knowledge.
                To that extent, I was privy to the price."

            On being asked to explain the communication of Mr. Shalabh Seth regarding
            increasing duty from x% to y%, and for inflation-led price increases, Mr. Roy
            stated that:

                "Since there was no rate increase coming for years and the department's
                revenue in terms of percentage was fixed at 146%, he recommended to
                make an offer to the department to increase to 150% in which case the
                MRP would go from Rs. 90 to Rs.98. The ground to be explained to the
                department is that with the increase in MRP, the revenue to the
                department would improve, and at the same time the bottling fees, which
                was imposed on the brewers in in their EBP, be allowed to be passed on."

      (iv) Statement of Mr. Shalabh Seth of OP-3 regarding e-mail trail dated 05.06.2015:

                "This response was written in my capacity as Chairman of All India
                Brewers Association (AIBA). The advice was that Excise duty is a
                prerogative of the respective State Governments and the respective
                companies should focus on bottling fees reimbursement and increase in
                input costs while requesting the State Govt for price increase.
                The email ID used by me as Managing Director of SABMiller India and
                Chairman of AIBA was the same. As stated earlier, as AIBA Chairman and
                Member, I have advised to stick to escalation in costs and reimbursement
                of bottling fees as representation to the State Government."

            When confronted with the fact that, as Managing Director of OP-3 and also as
            Chairman of OP-5, he used to have discussions of prospective pricing quotes with
            his counterparts in competitor companies and had also been privy to prospective
            pricing quotes of the competitors, he stated that:

                "I have tried to stick to only discussions around industry issues and
                specific State policy related issues without getting into any price
                discussion. ... I am not denying the contents and the receipt of the email."

            And during his subsequent deposition, he stated that:

                "RSBCL had last provided price increase in 2014 which was a minor
                increase. In 2015 policy, the State Government assured of price increase


Suo Motu Case No. 06 of 2017                                                                   139
                 but it never materialised. Similarly, the issue was raised along with 2016
                policy, as well. In April 2016, the supplies were not made for about one
                week to RSBCL. Thereafter, the companies individually accepted the
                orders after assurances by the State Govt. In my mail, I had agreed to go
                in with the approach suggested by Mr. Shobhan Roy to go in for cost
                pushes by individual companies."

      (v)   Statement of Mr. Shekhar Ramamurthy of OP-1 regarding e-mail trail dated
            05.06.2015:

                "The context is that despite the policy in 2014 stating that manufacturers
                would be allowed free pricing, State Excise did not permit it. We jointly, as
                an industry body, represented to the Government that we should be
                allowed a reasonable increase to cover our inflationary costs. We also
                represented to the State that additional levies that they had imposed on us
                should be reimbursed to us, else our effective basic price was coming
                down. ... I do not recollect the computation of the details of the pricing,
                but I do recollect that it was to cover inflation. The Government would
                allow uniform prices for all competitors and not allow us separate prices.
                In this light, we decided to go for a round-off figure of Rs. 100 for the
                benefit of the consumers (who otherwise would have been overcharged by
                trade)."

      (vi) Statement of Mr. Kiran Kumar of OP-1 regarding e-mail trail dated 05.06.2015:

                "In Feb-Mar 2015, the Rajasthan govt. announced the Liquor Sourcing
                Policy for the year, and all companies submitted their prices.
                Subsequently, the bottling fee was increased in the State, and when the
                pricing was fixed, neither the bottling fee reimbursed to companies nor
                was the price increase applied for allowed. The Principal Secretary and
                Secretary, Finance, upon their request, were met by AIBA to request them
                to reimburse the increase in bottling fee to companies, as well as to allow
                the price increase sought by companies in accordance with the LSP for the
                year. From the email it appears that there was also an apprehension that
                Excise duty would also be increased in the course of 2015, and it appears
                from the mail that there were some discussions with Principal Secretary
                and Secretary, Finance on the quantum of increase and its impact on the
                MRP. For the record, neither was the price increase granted nor the
                increase in bottling fee reimbursed. I was not part of the discussions that
                took place in the emails, and I do not actually know about their contents.




Suo Motu Case No. 06 of 2017                                                                    140
                 The said emails were marked to me to keep me in the loop, being the Head
                of Sales."

      (vii) Statement of Mr. Michael Jensen of OP-4 about his suggestion to ask for price
            increase of ₹100 in the e-mail dated 05.06.2015:

                "The rationale for advising the price increase to Rs. 100 is that in reality a
                price point of Rs. 98 would have led retailers to ask for Rs. 100 from the
                consumers. Since the MRP of Rs. 98 would have been an absurdity in the
                absence of ready availability of small coins, so in all instances we always
                recommended pricing point in multiple of either Rs. 5 or Rs. 10, and
                ideally only Rs. 10 pricing multiple. Since small change is not readily
                available in the market, therefore such pricing points would have led to
                price inflation at retailers."

      (viii) Comparative MRPs of strong Beer SKUs of OP-1, OP-3 and OP-4 in the State of
            Rajasthan, as tabulated by the DG from the replies of OP-1, OP-3 and OP-4:




      (ix) E-mail dated 19.04.2016 sent by Mr. Amit Sahni of OP-1 to Mr. Manish Shyam
            of OP-3, which was recovered during search and seizure operation from the
            premises of AB InBev:




Suo Motu Case No. 06 of 2017                                                                     141
             E-mail 1




Suo Motu Case No. 06 of 2017   142
 Suo Motu Case No. 06 of 2017   143
       (x)   Internal e-mail communications dated 18-19.04.2016 exchanged between Mr.
            Manish Shyam, Mr. Amit Taneja, Mr. Tejvir Singh and Mr. Suyog Karajgi of
            OP-3, which were recovered during the search and seizure operation from the
            premises of AB InBev:

            E-mail 1




            E-mail 2




            E-mail 3




            E-mail 4




Suo Motu Case No. 06 of 2017                                                        144
             E-mail 5




      (xi) Statement of Mr. Manish Shyam of OP-3 regarding exchange of e-mails by him:

                "... In most of the States, even though individually the companies would
                request for price increase, they would also collectively approach the
                Government, primarily to show that the request for price increase is by
                everyone, and in some way to put pressure on the State Government for a
                price increase. In particular, Rajasthan Principal Secretary-Revenue had
                requested all companies to submit justification for a price increase in a
                specified format which he would then use to convince the Govt. for a price
                increase. He had requested that the input costs of specific items to be
                shared with him in the prescribed format. The main intention behind it was
                to keep the Beer prices in Rajasthan lower than the neighbouring States,
                so as to avoid bootlegging and lowering of the Government revenue. He
                asked for Malt, sugar, maize, fuel, bottle cost, labour, electricity costs
                from each company. For this purpose, Mr. Amit Sahni of UBL (Sales Head
                in Rajasthan), shared UB's input costs with me, and I forwarded it to our
                Finance Team for perusal and preparation of SABMiller's input cost
                figures."

            On being specifically asked about the e-mails dated 18-19.04.2016 (erroneously
            typed as 2015 in the statement), Mr. Manish Shyam stated that:

                "Mr. Suyog Karajgi and Mr. Denis Gohel are from Finance department of
                SABMiller. On being asked by PSF Rajasthan to submit individual price
                break up of the input cost, SABMiller got the justification letters submitted
                by Carlsberg and UBL, which were forwarded to our Finance guys so that
                SABMiller's cost justification letter was prepared in 'similar lines' without
                any major variation. By the term 'similar lines', I meant that the
                components/line items of the input costs should be on identical pattern, so
                as to facilitate the PSF to compare the figures of respective companies."




Suo Motu Case No. 06 of 2017                                                                    145
       (xii) Internal e-mail communications dated 27.04.2016 exchanged between Mr. Suyog
            Karajgi, Mr. Amit Taneja, Mr. Manish Shyam and Mr. Manoj Srivastava of OP-
            3:

            E-mail 1




            E-mail 2




      (xiii) Statement of Mr. Manish Shyam of OP-3 regarding OP-3's internal e-mails dated
            27.04.2016:

                 "I was given this proposal to be submitted by Mr. Suyog Karajgi which
                 was decided by the top management. I further went ahead and submitted
                 the proposal to the Government for price increase. I am aware of the said
                 emails, only in so far I was directed to submit the proposals flowing from
                 the decision of the top management. I was not part of the decision making
                 process."

      (xiv) Comparison of MRPs of highest selling SKU, i.e., strong Beer 650ml bottle -
            KFS of OP-1, H5K of OP-3/AB InBev and TBS of OP-4, in the State of
            Rajasthan over the period 2011-18, as culled out from their replies submitted to
            the DG, tabulated and graphically demonstrated by the DG:



Suo Motu Case No. 06 of 2017                                                                  146
 Suo Motu Case No. 06 of 2017   147
       (xv) Statement of Mr. Shekhar Ramamurthy of OP-1:

                "... the Rajasthan Government controls every aspect of pricing. However,
                in the policy of 2014 they had allowed free pricing. Nevertheless, they
                were pressurising the industry to continue supplies at old prices. It is in
                this context that the AIBA members asked the DG of AIBA to seek a
                meeting with the Excise Commissioner to seek clarity on the policy.
                Thereafter, as per the policy, the Excise allowed the price increase we
                were seeking..."
                "... In Rajasthan, since 2014 the State has denied us a price revision and
                the AIBA platform was used to discuss with the Excise department, often at
                the behest of the State ... In Rajasthan specifically, since the Government
                had not given a price revision of the basic price since 2014, there have
                been discussions largely over telephone between CEOs/Presidents of
                CIPL, SAB Miller and UBL, and may be ABI as well, regarding petitions
                to be made to the Excise department for a basic price increase."

      (xvi) Statement of Mr. Manish Shyam of OP-3:

                "... On being asked by PSF, Rajasthan to submit individual price break up
                of the input cost, SABMiller got the justification letters submitted by
                Carlsberg and UBL, which were forwarded to our Finance guys so that
                SABMiller's cost justification letter was prepared in 'similar lines' without
                any major variation ..."

      (xvii) E-mail communications exchanged between Mr. Kiran Kumar and Perry Goes of
            OP-1, Mr. Manish Shyam and Mr. Devashish Dasgupta of OP-3, Mr. Dhiraj
            Kapur of OP-4 and Mr. Sovan Roy of OP-5 in October 2016:

            E-mail 1




Suo Motu Case No. 06 of 2017                                                                    148
             E-mail 2




            E-mail 3




            E-mail 4




Suo Motu Case No. 06 of 2017   149
             E-mail 5




            E-mail 6




    (xviii) Statement of Mr. Shekhar Ramamurthy of OP-1 who was the former
            President/Chairman of OP-5, on the role of OP-5:

                "... we have used AIBA to represent to State Governments, specifically
                Rajasthan and Odisha with respect to an industry grievance on pricing ...
                In Rajasthan specifically, since the Government had not given a price
                revision of the basic price since 2014, there have been discussions largely
                over telephone between CEOs/Presidents of CIPL, SAB Miller and UBL,
                and may be ABI as well, regarding petitions to be made to the Excise
                department for a basic price increase. The platform for these discussions
                was AIBA and the DG of AIBA was meant to coordinate the petitions and
                discussions between the companies and the State Excise department."




Suo Motu Case No. 06 of 2017                                                                  150
       (xix) Statement of Mr. Manish Shyam of OP-3:

                "I did attend the meeting in December 2015 with Mr Pravin Gupta, PSF,
                Rajasthan requesting him for a price increase to which he again said that
                he would follow it up with the Government. The meeting was also attended
                by Carlsberg and UB. After individual companies had submitted their
                respective proposals, they followed it up with the Excise Commissioner
                and the PSF, Rajasthan under umbrella of AIBA, so that collectively there
                would be better chances of getting a price increase. The decision to go
                through AIBA was taken by the top management."

      (xx) Statement of Mr. Sovan Roy of OP-5 on role of OP-5:

                "... AIBA in good faith was pursuing with Rajasthan govt. to increase the
                price in view of the cost increase. Thereafter, the matter was put up in the
                aforesaid Board meeting and it was decided not to pursue the case for
                Rajasthan. I recollect that AB InBev suggested that AIBA should not
                pursue the Rajasthan price hike as it may be violative of CCI rules. But
                other members were not sure that there is a violation."
                "We were aware on the issues of CCI with regard to cartel formation.
                However, subsequently one of our member companies in our Board
                meeting in November 2016 also mentioned the issue. In subsequent Board
                meeting in January 2017, it was recorded that AIBA would desist from
                pursuing the rate increase issues especially in Rajasthan. This was,
                however, objected to by the minor market share holder/members, who
                strongly felt that the Corporation who are monopolistic and control every
                aspect of the business, can be approached for discussions."

111.From the e-mail communications of 05.06.2015 extracted at point (i) above, it is noted
    that there was close interaction between the top management of OP-1, OP-3 and OP-4
    and the Director General of OP-5, regarding co-ordination of price increase to be asked
    for from Rajasthan Excise Department for Strong category Beers. In his e-mail, Mr.
    Sovan Roy of OP-5 proposed strategies for raising Excise Duty from 146% to 150% and
    going in for price increase requests. Mr. Sovan Roy categorically suggested that the
    companies could increase retail price to ₹98 in the category where current EBP was ₹265
    per case and MRP ₹90 per bottle. On further suggestion by OP-1 to ask for raise of MRP
    to ₹100, Mr. Michael N. Jensen of OP-4 conveyed his agreement.




Suo Motu Case No. 06 of 2017                                                                   151
 112.While in his statement recorded on oath before the DG extracted at point (vii) above, Mr.
    Jensen tried to justify the request for raising MRP to a round-off figure of ₹100, Mr.
    Shekhar Ramamurthy of OP-1 admitted in his statement extracted at point (v) above that
    OP-1, OP-3 and OP-4 had jointly represented to the Rajasthan Government for a price
    increase. On his part, Mr. Shalabh Seth of OP-3, in his statement extracted at point (iv)
    above, also suggested to his counterparts in competing companies to ask for inflation led
    price increase.

113.Thus, the e-mails dated 05.06.2015 and statements of key managerial personnel of the
    OPs regarding the same clearly show that OP-1, OP-3, OP-4 and OP-5 were hands in
    glove while making price increase requests in the State of Rajasthan.

114.OP-5, in its objections/suggestions to the DG Report has tried to explain the context
    behind such communications by stating that since the OPs were seeking re-imbursement
    of Bottling Fees imposed upon them in the State of Rajasthan, it was suggested by OP-5
    that to recoup the losses, RSBCL may increase the excise duty on Beer and thereby let
    MRP go up without any EBP increase. As per OP-5, there is nothing wrong in making of
    such suggestion to RSBCL.

115.In the view of the Commission, the above argument put forth by OP-5, does not explain
    the entire picture regarding the conduct of OP-5. From the e-mails extracted at point (i)
    above, the Commission notes that OP-5, apart from suggesting increase in excise duty to
    the government, also suggested the likely future MRP, which may be fixed by the
    parties.

116.Further, from the letter dated 23.11.2016 extracted at point (ii) above, which was sent by
    Mr. Sovan Roy of OP-5 to the Secretary-Finance and Revenue, Government of
    Rajasthan, it is noted that the industry association OP-5 had been taking up the task of
    making representations and making suggestions for price increase for OP-1, OP-3 and
    OP-4 to the Government. The attachment to the said letter shows that the EBP of OP-1's
    KFS 650ml, OP-3's H5K 650ml and OP-4's TBS 650ml were identical for Rajasthan at
    exactly ₹265.43. Besides, the MRP per bottle of these SKUs in the State were also
    identical at ₹90. From the said attachment, it is also observed that the EBP of KFS and




Suo Motu Case No. 06 of 2017                                                              152
     H5 in the States of Madhya Pradesh, Telangana and Andhra Pradesh were also identical
    down to the last paisa.

117.It is noted from the DG Report that the brewery plants of these manufacturers in the State
    of Rajasthan are situated at different locations at a distance of approximately 60 to 80
    kms from each other. Thus, despite the manufacturing cost per unit of Beer for these
    OPs, having different manufacturing locations, production capacities and different
    efficiency levels, it is surprising that their prices of beer were identical down to the last
    paisa. The only reasonable explanation for the same seems to be explicit understanding
    and collusion amongst them.

118.In fact, in the e-mails extracted at point (xvii) above, OP-5 itself suggested that such
    collective data being submitted to the government by OP-5 may amount to cartelisation
    and as such, individual representation to the government may be given. Hence, evidently,
    OP-5's role was not limited to making some suggestion to RSBCL about increase in
    excise duty, but exceeded far more than that; and OP-5 was also well aware that its such
    activities may amount to infringement of competition law, yet it continued to indulge in
    such conduct.

119.Further, from the analysis of the pricing data of Strong Beer 650ml SKUs in the State of
    Rajasthan extracted at point (viii) above, it is observed that the prices of the top-selling
    Beer SKUs of the OPs (KFS of OP-1, H5K of OP-3 and TBS of OP-4 in 650 bottle
    category) were revised in close tandem. OP-1 and OP-4 together raised the MRP of their
    brands on 01.04.2016, and OP-3 followed closely on 07.04.2016 to identical price level.
    Again on 01.04.2017, OP-1 and OP-4 together hiked their prices further to ₹97. The
    MRP of OP-3's H5K 650ml bottle also went up to the same level in 2017, though the
    actual date of such revision is not known. In the next year, OP-1 and OP-4 increased
    their MRPs further to ₹100 on 22.06.2018 and 23.06.2018 respectively, and OP-3 also
    had its price of ₹100 (actual date of price revision is not known).

120.Not only the above, from the e-mail communications dated 18-19.04.2019 extracted at
    point (ix) above, it is noted that Mr. Manish Shyam of OP-3 had received from Mr. Amit
    Sahni of OP-1, the letter submitted by OP-1 to RSBCL for justification of OP-1's price
    revision requests. From the internal e-mails of OP-3 dated 18-19.04.2019 extracted at


Suo Motu Case No. 06 of 2017                                                                 153
     point (x) above, it is noted that Mr. Manish Shyam forwarded the said e-mail of OP-1
    and similar justification letter received from OP-4, to Mr. Tejvir Singh and Mr. Suyog
    Karajgi of OP-3. In accordance with the same, OP-3 also gave its justification to
    RSBCL, which is evidenced from the e-mails dated 27.04.2016 extracted at point (xii)
    above.

121.Thus, from such e-mail communications, it is apparent that even when the OPs got
    individual notices from the Excise Authorities asking for justification for seeking price
    increase, they co-ordinated amongst themselves and exchanged their replies to be
    submitted to the Excise Authorities. This seems to have been done primarily to align
    their replies giving identical reasons for seeking the price increase, and putting up a
    united stand before the Excise Authorities.

122.Furthermore, from analysis of the pricing data from 2011 to 2018 of Strong Beer 650ml
    Beer SKUs in the State of Rajasthan furnished by the OPs before the DG, which the DG
    has tabulated as extracted at point (xiv) above, it is observed that the prices of the top-
    selling Beer SKUs of the OPs (KFS of OP-1, H5K of OP-3 and TBS of OP-4 in 650
    bottle category) were revised in tandem. The MRPs of OP-1 and OP-3 were initially
    identically priced at ₹75/- on 01.06.2011, with OP-4 being priced higher at ₹80/-. On
    01.04.2012, OP-4 upped the price of TBS to ₹82/-, while OP-1 and OP-3 raised the
    prices of their brands to ₹78/- on 02.04.2012 and 03.04.2012 respectively. Thereafter,
    however, the prices of the flagship brands of all the three OPs moved together in
    Rajasthan. On 01.04.2014, OP-4 increased its price to ₹84/- with OP-3 and OP-1
    following suit on 04.04.2014 and 08.04.2014 respectively. After a gap of four months,
    OP-3 took the lead to hike its price of H5k to ₹90/- on 26.08.2014, and OP-1 and OP-4
    also raised their prices to identical level on 28.08.2014 and 01.09.2014 respectively.
    Then, after a gap of almost a year and a half, on 01.04.2016, both OP-4 and OP-1
    increased the MRPs of their strong Beer flagship brands to ₹94/-. Following this, OP-3
    also hiked its MRP of H5k to ₹94/- to bring its prices at par with that of OP-1 and OP-4.
    In the year 2017, again OP-1 and OP-4 together increased the rates of KFS and TBS on
    01.04.2017. Though the price of H5k was also raised its price to ₹97/- in the year 2017,
    actual date of such revision has not been provided by OP-3. In the next year, OP-1 raised
    the MRP of KFS to ₹100/- on 22.06.2018, with OP-4 following to the same level the


Suo Motu Case No. 06 of 2017                                                               154
     very next day. OP-3 also increased MRP of its H5k in the year 2018 to ₹100/-, but again
    the actual date of such increase is not available.

123.The graphical representation of such price revisions effected by OP-1, OP-3 and OP-4 in
    the State of Rajasthan, as extracted at point (xiv) above, clearly shows that the MRPs of
    KFS, H5k and TBS 650ml bottle in the State of Rajasthan moved parallelly. Especially
    after July 2014, the price lines of KFS and TBS overlap, with that of H5k also merging
    with them immediately thereafter.

124.OP-1 and OP-4, in this regard, have contended that price increase by the OPs in the State
    of Rajasthan is sought only on the EBP and similar revisions in MRP are a result of
    increase in taxes/levies/excise duties which are applicable uniformly across all brands.
    OP-1 has contended that the DG ought to have approached the State Corporation to
    record if the OPs had submitted similar requests for a price increase in EBP. Further, OP-
    1 and OP-4 have submitted that in Rajasthan, no price increase had been granted since
    2014. While the Beer manufacturers were promised a price increase in 2015, the same
    did not materialise. In fact, the State Government of Rajasthan did not offer a price
    increase till July 2019. As such, all increases in MRP have been a result of increment in
    taxes/duties etc.

125.In this regard, the Commission notes that the taxes/excise duties etc. being levied on
    Beer in the State of Rajasthan would be the same for all the OPs. As such, if they have
    identical/similar MRPs at any given point of time, by reverse calculation, their EBPs on
    the basis of which respective MRPs are determined by the State government, would also
    identical/similar only at the time.

126.Apart from the above, from the e-mail communications exchanged between the OPs in
    October 2016 extracted at point (xvii) above, the Commission notes that the
    representatives of the Beer companies preferred OP-5 to approach the State Governments
    on behalf of its members, as it would have put more pressure on the Government.
    However, Mr. Sovan Roy of OP-5 voiced his concern and suggested that "we should
    avoid getting caught". This issue was discussed in OP-5's Board meeting held on
    24.01.2017. The agenda of the said meeting held at Le Meridian Hotel in Bengaluru,
    listed "Rajasthan rate increase ... Risk of CCI violations" as one of the issues to be taken


Suo Motu Case No. 06 of 2017                                                              155
     up for discussion by the Board. The minutes of the said meeting dated 24.01.2017 record
    the following:




    Such minutes, when read with the replies given by Mr. Sovan Roy of OP-5 upon the
    same during recording of his depositions on oath before the DG as extracted at point (xx)
    above, evidence that the OPs were well aware that their collective approach through OP-
    5 was violating the provisions of the Competition Act; however, they continued to use
    the aegis of the association to petition the State Governments (including in Rajasthan) for
    price revisions. This, as per the DG, shows the audacity of the OPs to openly discuss
    their pricing information amongst themselves and use their association to collectively
    approach the State Governments for revision of MRPs and EBPs, despite noting that
    "because of Competition Commission of India, AIBA to avoid rate increase matters
    collectively."

127.OP-1 and OP-4 have argued that in analysis of the communications between the OPs, the
    DG has disregarded the role of the State Corporation in facilitating such communication.
    Against this background where the State almost never provides any price increase, the
    OPs were left with no option but to make joint representations to the State Corporation
    through OP-5 to, at the very least, recover their costs and not incur significant losses.

128.In this regard, the Commission observes that though the OPs have tried to justify their
    cartel conduct by blaming the State government, they have not been able to explain as to
    how is the State government responsible for their co-ordinated action. It seems that only
    to have a strengthened bargaining power against the State, the OPs came hand-in-gloves
    with each other and shared their commercially sensitive information such as cost data
    etc. with each other. As such, in the view of the Commission, the State cannot be held
    responsible for OPs' co-ordinated conduct.



Suo Motu Case No. 06 of 2017                                                                    156
 129.Further, with respect to OP-5, it is observed that OP-5, being an association of Beer
    companies, should have limited its role to raising common issues affecting the industry
    and its members before the State government. However, it went beyond and indulged in
    proposing strategies for raising Excise Duties by the government and also suggested the
    likely future MRP, which may be fixed by the OPs. Further, the e-mails exchanged
    extracted above also make it evident that OP-5 was aware of the anti-competitive nature
    of the information exchange being made. As such, it is clear that the platform of OP-5
    was used by the members for indulging into anti-competitive information exchange, and
    OP-5 has no explanation for the same. The impugned conduct of the OPs including of
    OP-5, if examined in the backdrop of permissible boundaries of legitimate conduct of
    trade associations, appear to ex facie transgress the perimeter within which trade
    associations can legitimately espouse the cause of their respective members.

130.Further, the OP-1 and OP-4 have argued that the price increase in EBPs sought by the
    OPs were not actually awarded by the State Corporation in Rajasthan, thereby leading to
    no AAEC. In the view of the Commission, under Section 3(1) of the Act, any agreement
    which 'causes' or is even 'likely to cause' AAEC within India, is anti-competitive in
    nature and hence, prohibited. Further, price parallelism amongst the OPs is categorically
    established; hence, the plea of non-implementation holds no merit.

131.Thus, in the opinion of the Commission, identical pricing, coupled with evidences of
    multiple communications amongst the OPs, and admission by representatives of OP-1
    and OP-3 to have shared their price revision petitions and justification letters amongst
    OP-1, OP-3 and OP-4, clearly establishes that in the State of Rajasthan, the OPs, with
    active assistance of OP-5, had indulged into cartelisation which stifled/was likely to stifle
    competition amongst them and may cause AAEC, from 2011 to 2018 (with OP-4 joining
    in 2014), by fixing of prices of their product, which is in contravention of the provisions
    of Section 3(3)(a) read with Section 3(1) of the Act. The OPs have not rebutted such
    AAEC in terms of the factors stated under Section 19(3) of the Act.




Suo Motu Case No. 06 of 2017                                                                 157
     West Bengal

132. In the State of West Bengal where Corporation Model prevailed till November 2017 and
    from December 2017 Free Market Model was followed, the DG has relied upon the
    following evidences, to give a finding of price co-ordination amongst the OPs:

      (i)   Internal e-mail communications exchanged in April-May 2012 between Mr. Anil
            Bahl, Mr. Subodh Marwan, Mr. Soren Lauridsen, Mr. Michael Jensen and Ms.
            Sukanta Banerjee of OP-4, which were submitted by OP-4 during investigation:

            E-mail 1




Suo Motu Case No. 06 of 2017                                                           158
             E-mail 2




Suo Motu Case No. 06 of 2017   159
              E-mail 3




             E-mail 4




             E-mail 5




      (ii)   Statement of Mr. Michael Jensen of OP-4 regarding the e-mail trail of April-May
             2012:

                "This was early 2012, and I was marked and interacting in the email
                which pertained to West Bengal market. However, I had been in the
                country and was with the company for only about 2 months at that time in
                a capacity as a consultant, and this had been an oversight on my part ..."


Suo Motu Case No. 06 of 2017                                                               160
       (iii) Comparative MRPs of strong Beer SKUs of OP-1 and OP-4 in the State of West
            Bengal, as tabulated by the DG from the replies of OP-1 and OP-4:




      (iv) E-mail communications exchanged in January 2015 between Mr. Nitin Sharma of
            OP-3 and Mr. Anil Bahl of OP-4 and thereafter internally between Mr. Anil Bahl,
            Ms. Sukanta Banerjee, Mr. Biswamoy Bose, Mr. Gautam Mukhopadhyay and
            Mr. Avijit Mitra of OP-4, which were submitted by OP-4 before the DG:

            E-mail 1




Suo Motu Case No. 06 of 2017                                                            161
             E-mail 2




            E-mail 3




Suo Motu Case No. 06 of 2017   162
       (v)   E-mail communications dated 11.01.2018 exchanged between Mr. Kiran Kumar
            of OP-1, Mr. Raviraj Gupta of OP-4 and Mr. Sovan Roy of OP-5, which were
            submitted by OP-1 before the DG:

            E-mail 1




Suo Motu Case No. 06 of 2017                                                     163
             E-mail 2




            E-mail 3




Suo Motu Case No. 06 of 2017   164
             E-mail 4




            E-mail 5




      (vi) When Mr. Sovan Roy, Director General of OP-5, was asked to offer his
            comments on him forwarding the 'approved' price cards to the Excise
            Commissioner, West Bengal, he replied that:

                "On 10.01.2018, the Govt. of West Bengal issued a circular in isolation,
                raising the Excise duty on Beer from Rs. 753.72 per case currently to Rs.
                1836.72 per case. The details of the changes in the MRP because of the
                single change was forwarded by Mr. Raviraj Gupta to me. The impact of
                this in the current MRP of Rs. 110 would go up to Rs. 211.11 because of
                this one change. The MRPs are on the West Bengal Corporation's website.
                On account of this, since United Breweries is the other player in West
                Bengal, a confirmation was taken on this topic and accordingly the
                representation dated 11.01.2018 was submitted to the Excise
                Commissioner....".



Suo Motu Case No. 06 of 2017                                                                165
       (vii) Statement of Mr. Shekhar Ramamurthy of OP-1 on e-mails dated 11.01.2018:

                "The Government of West Bengal, in January 2018 notified a very steep
                increase in Excise duty on Beer. The consumer price of Beer would have
                gone from around Rs. 110 to Rs. 210. We represented to the State Excise,
                also to the Chief Minister, the Finance Minister of the State to moderate
                this increase, so as to not kill the Beer industry. The cost cards that you
                are seeing in this mail are recommendations to the Government on lower
                duties than proposed to moderate the price increase and with a healthy
                duty increase for the Government. We see this as a policy matter and not a
                price fixation matter. The final resolution was such that our basic prices
                remained the same or came down a little bit. The Government duties went
                up steeply and consumer prices went from Rs. 110 to Rs. 145. In fact, our
                petitions to the Government were to argue for the benefit of the
                consumer."
      (viii) Internal e-mail dated 19.01.2018 sent by Mr. Nilesh Patel to Mr. Mahesh
            Kanchan, Mr. Dhiraj Kapur and Mr. Naveen Begwani of OP-4, which was
            submitted by OP-4 during investigation:




Suo Motu Case No. 06 of 2017                                                                  166
       (ix) Internal e-mail communications dated 15.02.2018 exchanged between Mr. Nilesh
            Patel, Mr. Pawan Jagetia, Mr. Mahesh Kanchan, Mr. Anil Bahl, Mr. Naveen
            Begwani and Mr. Sudip Gupta of OP-4, which was submitted by OP-4 during
            investigation and partially recovered during search and seizure operation from the
            premises of OP-4:

            E-mail 1




            E-mail 2




            E-mail 3




Suo Motu Case No. 06 of 2017                                                              167
       (x)   WhatsApp communication dated 19.01.2018 between Mr. Shekhar Ramamurthy
            and Mr. Kiran Kumar of OP-1:




      (xi) When Mr. Shekhar Ramamurthy of OP-1 was confronted regarding the identity of
            'Mr. Pawan' in the WhatsApp message sent by him to Mr. Kiran Kumar of OP-1
            on 19.01.2018, he stated that:

                "It refers to Mr. Pawan Jagetia from Carlsberg. This refers to the earlier
                point that I have made on steep duty increase in West Bengal in January,
                2018. I have already given my observations earlier that we had
                recommended to the West Bengal Excise for a lower increase in duty, and
                Carlsberg was also agreeable to the recommendation on duty."

      (xii) When Mr. Pawan Jagetia of OP-4 was confronted with the WhatsApp
            communication dated 19.01.2018 during his statement, he stated that:

                "There was a significant tax increase in West Bengal and we were trying
                to clarify the new price card and the impact on MRP. In our process, until
                the new price card has been submitted and approved, CIPL cannot even
                produce. Given the confusion in the new tax structure in West Bengal, our
                production was stopped, and therefore I reached out to Mr. Shekhar


Suo Motu Case No. 06 of 2017                                                                 168
                 Ramamurthy to understand their view on the new tax policy, and the
                impact on final consumer prices. CIPL calculation of price card following
                the new tax structure was showing doubling of MRP. So we were trying to
                clarify with the State Excise as well as with competitors if they had the
                same understanding of tax/price increase. My discussion with Mr. Shekhar
                was to understand the impact of tax increase without sharing of our
                cost/price cards. I conveyed to him that as per our calculations, the MRPs
                would simply double on account of the tax changes, and he agreed with my
                views."

      (xiii) Statement of Mr. Kiran Kumar of OP-1 regarding the WhatsApp communication
            dated 19.01.2018:

                "In Rajasthan it was through AIBA and in Delhi I had spoken to Mr.
                Mahesh Kanchan of Carlsberg India Ltd. The discussions were typically
                held either through conference calls or through phone calls. For West
                Bengal during last year I had discussions with Carlsberg (Mahesh
                Kanchan) wherein price restructuring was discussed which included
                sharing of calculations of basic price to MRP."

            Mr. Kiran Kumar was asked to comment on the e-mail communications dated
            15.02.2018, to which he replied that:

                "..., the West Bengal Excise Duty increase notification which was released
                around the time period of the mails was complex, and was open to varying
                interpretations. Since the Excise Commissioner of West Bengal wanted to
                meet AIBA as an industry body to discuss the impact of the said duty
                increase, it was necessary to gain a common understanding of the price
                build-up, post the duty increase. To the best of my knowledge, the emails
                represent an effort to ensure that the two main companies in West Bengal
                - UBL and Carlsberg - have a common understanding of the impact prior
                to meeting the Excise Commissioner. Subsequent to the meeting, the Excise
                Commissioner issued fresh notifications reducing the intended increase in
                Excise Duty as well as revising downwards the retail margin, resulting in
                an MRP increase from Rs. 110 to Rs. 145 per bottle. It is pertinent to add
                here that the industry of Beer in West Bengal has declined almost 50% as
                a result of the increase in MRP from Rs. 110 to Rs. 145."

133.From the e-mail communications exchanged in April-May 2012 between individuals of
    OP-4 extracted at point (i) above, it is noted that in the State of West Bengal in 2012,
    OP-1 and OP-4 were co-ordinating their prices of Beer through conference calls and e-
    mails. Though Mr. Michael Jensen, in his statement extracted at point (ii) above


Suo Motu Case No. 06 of 2017                                                                 169
     regarding the said e-mails gave a very evasive reply, it is noted that Mr. Michael Jensen,
    in answer to another question, admitted that "there had been cases where part of the
    management had been exchanging price information with competitors, for example in
    2012 and 2015 in West Bengal. ... Mr. Anil Bahl would be one such person who would
    himself contact or approve such contacts with the competitors." Further, OP-4, in its
    submission before the DG, had also stated that "CIPL and UB, and potentially UB and
    SAB would discuss among themselves to confirm the proposed price increases. These
    discussions would take place over the phone and sometimes in person between Mr. Anil
    Bahl and Mr. Kiran Kumar. Initially, Mr. Anil Bahl did not have a direct contact with
    SAB for West Bengal ... coordination with SAB was done by UB. Later on, in 2015, Mr.
    Anil Bahl also had contact with Mr. Shalabh Seth from SAB".

134.Further, from the comparative table of prices extracted at point (iii) above, it is noted that
    the prices of both TBS and Kalyani Black Label Strong 650ml bottles were revised by
    OP-4 and OP-1 respectively, in consonance with the 'understanding' between them,
    within a few days of each other in 2012. Though OP-1 also increased the MRP of its
    KFS 650ml bottle to ₹73, it was as per 'earlier plan' as indicated by Mr. Anil Bahl in his
    e-mail dated 02.05.2012. This makes it clear that the two OPs had exchanged their
    prospective price revision plans with each other, and thereafter increased prices
    accordingly.

135.Also, the e-mails exchanged in January 2015 extracted at point (iv) above indicate that
    subsequent to talks between Mr. Anil Bahl of OP-4 and Mr. Nilojit Guha of OP-3, Mr.
    Nitin Sharma of OP-3 forwarded the proposed prices of OP-3 in the State of West
    Bengal to Mr. Anil Bahl of OP-4. On receipt of the same, Mr. Anil Bahl asked his
    subordinates to plan OP-4's price increase also in line with the file received from OP-3.
    Accordingly, OP-4's employees in West Bengal worked out their calculations, and
    planned to go for price hike for their SKUs, as OP-1 and OP-3 had also planned hike in
    their brands.

136.Furthermore, from the e-mails dated 11.01.2018, 19.01.2018 and 15.02.2018 extracted at
    points (v), (viii) and (ix) above, and the WhatsApp communication dated 19.01.2018
    extracted at point (x) above, it is noted that OP-5 was facilitating the co-ordination



Suo Motu Case No. 06 of 2017                                                                  170
     between OP-1 and OP-4 in the State of West Bengal for seeking MRP price increase
    from the Government.

137.Such co-ordination has also been admitted by the representatives of the OPs in their
    statements on oath recorded before the DG.

138.From the prices submitted by OP-1 before the DG, it is observed that the MRPs of both
    KFS Premium Beer 650ml Bottle and Kingfisher Premium Lager Beer 650ml increased
    in the State of West Bengal from ₹110 (earlier revised on 01.07.2017) to ₹145 and ₹140
    respectively, on 16.03.2018. Similarly, from the prices submitted by OP-4 to the DG, it is
    seen that the MRP of its TBS 650ml bottle was revised in the State of West Bengal from
    ₹110 to ₹145 on the same day, i.e., 16.03.2018.

139.Thus, sharing of and getting confirmation of one company's pricing figures with/from its
    competing company, and actual reflection of such co-ordination in the price revisions
    made subsequently, shows close co-ordination between OP-1 and OP-4 while
    approaching the State Government for seeking price increase. Such conduct of OP-1 and
    OP-4 through OP-5, from 2012 to 2018, is presumed to cause an AAEC within Indian
    market, which AAEC, the OPs have been unable to rebut in terms of the factors stated
    under Section 19 (3) of the Act. As such, the Commission finds such conduct of OP-1,
    OP-4 and OP-5, to be in contravention of the provisions of Section 3(3)(a) read with
    Section 3(1) of the Act.

140.Though OP-4 has argued that post November 2017 when the State of West Bengal
    became a Free Market state, there was no price co-ordination amongst the OPs and
    sharing of cost cards by it is not price sensitive information aimed at co-ordinating price
    increase, the Commission does not find such argument of OP-4 to be tenable. Cost cards
    is commercially sensitive information.

141.Further, from the e-mails dated 15.02.2018 extracted at point (ix) above, it is noted that
    Mr. Shekhar Ramamurthy of OP-1 also had discussions with Mr. Pawan Jagetia of OP-4
    about the repercussions of the new West Bengal Liquor Policy on their respective
    companies' Beer prices. In his internal e-mail dated 15.02.2018 sent to Mr. Nilesh Patel,
    Mr. Pawan Jagetia confirmed that he was in constant touch with OP-1 and also suggested



Suo Motu Case No. 06 of 2017                                                               171
     registering their Carlsberg Elephant SKU with the Excise Authorities only if OP-1
    registered their own Kingfisher Ultra. This makes it apparent that the two OPs (OP-1 and
    OP-4) even co-ordinated registration and supply of their Beer brands in the State of West
    Bengal. As stated by Mr. Jagetia in his e-mail dated 15.02.2018, OP-4's moving first
    with registration of their brand would significantly weaken their case as well as
    industry's position. Therefore, it is clear that the decision of OP-4 to register its brand in
    the State of West Bengal was not an independent business decision, but was taken in
    consultation with OP-1. This had the effect of restricting supply of Beer in the State as
    well.

142.From the internal e-mail dated 19.01.2018 exchanged between officials of OP-4,
    extracted at point (viii) above, it also appears that OP-1 and OP-4 had joined hands for a
    while in stopping the supply of Beer in the State of West Bengal. In this regard, both OP-
    1 and OP-4, in their respective objections/suggestions to the DG Report, have
    acknowledged the disruption of supply of Beer in the State of West Bengal in January-
    March 2018. However, they have contended that such disruption was prompted due to
    steep increase in excise duty resulting in Beer becoming unaffordable to the consumers.
    The supply was resumed immediately after excise duty was reduced to acceptable levels.
    The Commission is of the view that stoppage of supply in 2018 by OP-1 and OP-4,
    through OP-5, even if to protest against increase in Excise Duty by the State government,
    amounted to limiting the supply of beer in the State of West of West Bengal. Under the
    provisions of Section 3(3) of the Act, such limiting of supply is presumed to have an
    AAEC in the market, which effect the OPs have been unable to rebut in the present case
    in terms of the factors stated under Section 19(3) of the Act. Therefore, the Commission
    finds stoppage of supplies by OP-1 and OP-4, to amounting to contravention of the
    provisions of Section 3(3)(b) read with Section 3(1) of the Act.

143.Hence, from the aforementioned evidences collected by the DG which have been
    analysed by the Commission in detail, at least in the following States/UTs, cartelisation
    amongst the OPs as follows, stands established:




Suo Motu Case No. 06 of 2017                                                                  172
       (1)   Andhra Pradesh - Price co-ordination between OP-1 and OP-3 in 2009 and 2013,
            in contravention of the provisions of Section 3(3)(a) read with Section 3(1) of the
            Act;

      (2)   Delhi - Price co-ordination between OP-1, OP-3 and OP-4 through OP-5 in 2013,
            in contravention of the provisions of Section 3(3)(a) read with Section 3(1) of the
            Act;

      (3)   Karnataka - Price-co-ordination between OP-1 and OP-3 from 2011 to 2018 with
            OP-4 joining in from 2012, in contravention of the provisions of Section 3(3)(a)
            read with Section 3(1) of the Act; and cartelisation between OP-1 and OP-3 with
            respect to supply of Beer to premium institutions in the city of Bengaluru in 2010,
            in contravention of the provisions of Section 3(3)(c) read with Section 3(1) of the
            Act;

      (4)   Maharashtra - Price co-ordination between OP-1 and OP-3 from 2011 to 2018
            with OP-4 joining in from 2012, in contravention of the provisions of Section
            3(3)(a) read with Section 3(1) of the Act; cartelisation between OP-1 and OP-4 to
            restrict/limit the supply of Beer in 2017, in contravention of the provisions of
            Section 3(3)(b) read with Section 3(1) of the Act; and sharing of market between
            OP-1, OP-3 and OP-4 from 2013 to 2017, in contravention of the provisions of
            Section 3(3)(c) read with Section 3(1) of the Act;

      (5)   Odisha - Price co-ordination between OP-1 and OP-3 in 2009 and 2010, in
            contravention of the provisions of Section 3(3)(a) read with Section 3(1) of the
            Act; price co-ordination by OP-4 in 2015 and 2016, in contravention of the
            provisions of Section 3(3)(a) read with Section 3(1) of the Act; and cartelisation
            between OP-1, OP-3 and OP-4, through OP-5, to restrict/limit the supply of Beer
            in 2015-16, in contravention of the provisions of Section 3(3)(b) read with
            Section 3(1) of the Act;

      (6)   Puducherry - Price co-ordination between OP-1, OP-3 and OP-4 in 2017, in
            contravention of the provisions of Section 3(3)(a) read with Section 3(1) of the
            Act;



Suo Motu Case No. 06 of 2017                                                               173
       (7)    Rajasthan - Price co-ordination between OP-1, OP-3 and OP-4 through OP-5
             from 2011 to 2018 with OP-4 joining in from 2014, in contravention of the
             provisions of Section 3(3)(a) read with Section 3(1) of the Act; and

      (8)    West Bengal - Price co-ordination between OP-1 and OP-4 through OP-5, from
             2012 to 2018, in contravention of the provisions of Section 3(3)(a) read with
             Section 3(1) of the Act; and cartelisation between OP-1 and OP-4, through OP-5,
             to restrict/limit the supply of Beer in 2018, in contravention of the provisions of
             Section 3(3)(b) read with Section 3(1) of the Act.

    Other States

144.Apart from the above, with respect to the State of Bihar, though the DG has not given
    any categorical finding regarding contravention of the provisions of the Act by the OPs,
    it has found the following evidences of communication amongst the OPs:

      (i) Internal e-mails dated 18.05.2011 exchanged between Mr. Kiran Kumar, Mr.
            Kalyan Ganguly and Mr. Shekhar Ramamurthy of OP-1, which were recovered
            during search and seizure operation from the premises of OP-1:

            E-mail 1




             ...




Suo Motu Case No. 06 of 2017                                                                174
            E-mail 2




           E-mail 3




145.From the aforesaid e-mails, all that can be deciphered is that OP-1 had restricted supply
    of its Beer in the State of Bihar in 2011, which it resumed after having a meeting with
    the Excise Authorities in May 2011. OP-3 also seems to have restricted its supply of
    Beer in the State of Bihar in 2011; however, there is no evidence in the DG Report which
    suggests that the same was done pursuant to an agreement with OP-1.

146.Regarding OP-4, the DG has noted that it had submitted that it had been primarily
    interacting with OP-1 and occasionally with OP-3 to discuss pricing of Beer in
    Maharashtra, West Bengal, Delhi, Karnataka, Puducherry, Odisha and Bihar. The pricing
    discussions took place with a view to seek increase in Beer prices and co-ordinate
    proposed actions in response to extraordinary Excise duty increase or Bottle Bar Codes
    by various State Authorities. The discussions on prices were primarily focused on the
    mainstream brand (i.e., Tuborg) in Free Market States such as Maharashtra, West Bengal
    and Puducherry, the Hybrid State of Delhi as well as certain Corporation States such as
    Odisha, Karnataka and Bihar. However, in furtherance to such submission, the DG has
    not put forth any evidence in the investigation report substantiating cartel arrangement in


Suo Motu Case No. 06 of 2017                                                               175
     the State of Bihar involving OP-4. Anyhow, since April 2016, Bihar imposed complete
    prohibition on all forms of alcohol.

147.As such, in the view of the Commission, no case of cartelisation amongst the OPs in the
    State of Bihar is made out from the DG Report.

148.With respect to the remaining States/UTs in India, no specific finding of cartelisation has
    been given by the DG against the OPs by collection of explicit evidences. It is however,
    noted from the DG Report that a few instances here and there pointing out to meeting of
    minds between the OPs in other states also like in the State of Madhya Pradesh and
    Telangana, can be seen. In the letter dated 23.11.2016 written by OP-5 to the Secretary-
    Finance and Revenue Government of Rajasthan, an attachment was enclosed depicting
    EBP prices of popular Beer brands of OPs in other States:




149.As can be seen from the aforesaid, the EBP of OP-1 and OP-3 in the States of Madhya
    Pradesh and Telangana, along with State of Andhra Pradesh, are identical to the last
    paisa. This is despite the fact that the brewery plants of these manufacturers are situated
    at different locations and as such, the manufacturing cost per unit of Beer for the OPs
    having different manufacturing locations, production capacities and different efficiency
    levels, would not be identical down to the last paisa.




Suo Motu Case No. 06 of 2017                                                               176
 150.Furthermore, in their respective lesser penalty applications also, the OPs had made
    admissions with respect to cartelisation in certain other states also, however, no evidence
    in this regard has been put forth by the DG in its investigation report.

    Second-hand Bottles

151.Apart from price co-ordination and limiting/restricting supply of Beer in various
    States/UTs, the DG has also reached to a finding of co-ordination amongst OP-1 and OP-
    3 with respect to purchase of second-hand bottles, by relying upon the following
    evidences:

   (i) E-mail communications exchanged between Mr. Santosh Kumar of OP-1 and Mr.
        Shalabh Seth of OP-3 in October 2009, which were submitted by OP-1 before the DG:

        E-mail 1




Suo Motu Case No. 06 of 2017                                                               177
         E-mail 2




   (ii) E-mail communications exchanged between Mr. Santosh Kumar, Mr. Sudesh
        Ganapathy Shenoy, Mr. Cedric Vaz, Mr. Kalyan Ganguly and Mr. Shekhar
        Ramamurthy of OP-1 and Mr. Shalabh Seth, Mr. Shirish Wakchaure and Mr. Paolo
        Lanzarotti of OP-3 in June 2010, which were recovered during search and seizure
        operation from the premises of OP-1:




Suo Motu Case No. 06 of 2017                                                        178
         E-mail 1




        E-mail 2




Suo Motu Case No. 06 of 2017   179
         E-mail 3




        E-mail 4




Suo Motu Case No. 06 of 2017   180
         E-mail 5




        E-mail 6




Suo Motu Case No. 06 of 2017   181
         E-mail 7




   (iii) E-mail dated 24.05.2011 sent by Mr. Shirish Wakchaure of OP-3 to Mr. Santosh
        Kumar and Mr. Sudesh Ganapathy Shenoy of OP-1, which was submitted by OP-1
        before the DG:




Suo Motu Case No. 06 of 2017                                                      182
    (iv) E-mail communication dated 31.01.2012 sent by Mr. Shirish Wakchaure of OP-3 to
        Mr. Santosh Kumar and Mr. Sudesh Ganapathy Shenoy of OP-1, which was
        submitted by OP-1 before the DG:




152.From the e-mail communications of October 2009 extracted at point (i) above, it is noted
    that OP-3 informed OP-1 to stay put at fixed decided prices for purchase of old bottles
    and also requested that OP-1 shares its stock of bottles with OP-3 so as to "ensure we
    succeed in our efforts to hold on to prices and curtail any further increase in prices." In
    reply thereto, OP-3 showed apprehension about sharing of bottle stock as that may lead
    to "even higher speculation and potential exponential rise in prices which will hurt the
    industry harder."

153.Further, from the e-mail communications of June 2010 extracted at point (ii) above, and
    e-mails dated 24.05.2011 and 31.01.2012 extracted at points (iii) and (iv) above
    respectively, it is noted that OP-1 and OP-3 also discussed amongst themselves the
    number of truckloads of second-hand bottles each has been purchasing for re-use in their
    bottling plants. As OP-1 and OP-3 had decided upon the rate at which each would buy
    such bottles from the market, on receiving information regarding OP-3 picking up more




Suo Motu Case No. 06 of 2017                                                               183
     truckloads of second-hand bottles at rates higher than those agreed upon, Mr. Santosh
    Kumar of OP-1 is seen complaining about it to Mr. Shalabh Seth of OP-3.

154.In fact, in his statement on oath recorded by the DG, Mr. Shekhar Ramamurthy of OP-1
    confirmed that "... The bottle collectors were holding companies to ransom by either not
    making bottles available or artificially increasing their prices. So, indeed coordination
    happened between UB, SAB and perhaps Carlsberg in this matter. Such coordination
    existed in respect of both, volume as well as prices of the second-hand bottles." Even Mr.
    Shalabh Seth of OP-3, in his statement on oath recorded by the DG, affirmed that "... On
    patent bottles, my discussions were with Mr. Santosh Kumar and Mr. Sudesh Shenoy
    both from UB). ..."

155.OP-1 has argued that discussions regarding second-hand bottles also did not lead to any
    AAEC as the same were undertaken to: (i) avoid significant increase in retail prices for
    consumers; (ii) implement optimal cost management in procurement of old bottles; and
    (iii) improve efficiency in such procurement. It submitted that hoarding of old bottles by
    bottle collectors and no injection of new bottles by smaller beer manufacturers in the
    industry resulted in significant increase in buy-back price of old bottles for OP-1 and its
    competitors, and it drove them to launch their own patent bottles in 2010. Though OP-1
    and OP-3 discussed amongst themselves the prices at which they would buy-back old
    Industry Bottles from collectors to safeguard themselves from increasing costs of old
    bottles, the prices that the OPs agreed to for buying back their own Patent Bottles could
    not be met.

156.The Commission notes that the provisions of the Act do not just pertain to the end-
    consumers of goods/services. No distinction in the Act, for the purposes of assessment of
    anti-competitive conduct, is made between the end-consumers, and intermediaries falling
    in the supply chain. As such, the argument of OP-1, that co-ordination in the purchase of
    second-hand bottles was done with OP-3 in order to benefit end-consumers, may not
    grant it much defence, as such conduct, even if assumed to be beneficial to end-
    consumers, would have led to harm being caused to bottle collectors, who are also one of
    the functionaries/levels in the overall Beer supply chain. Anyhow, the Commission
    believes that given the sheer magnitude and size of the OP companies, their



Suo Motu Case No. 06 of 2017                                                               184
     countervailing buying power over small time bottle collectors, would have been
    substantial. Hence, the argument taken by OP-1 regarding their discussions being a
    counter-action to the alleged hoarding action of the bottle collectors, does not seem to
    hold much water.

157.Thus, from the aforesaid evidence of communications amongst OP-1 and OP-3,
    cartelisation amongst them from at least 2009 to 2012 in the purchase of second-hand
    bottles is clearly established. OP-1 and OP-3 had an 'understanding' to share their off-
    take of old bottles from the market for re-use in their breweries. They had also agreed
    upon the rate at which they would procure such bottles from the bottle collectors. They
    closely monitored each other's purchase of old bottles. Such conduct of OP-1 and OP-3
    may have resulted in limiting and controlling the supply of second-hand Beer bottles in
    the market, amounting to contravention of the provisions of Section 3(3)(b) read with
    Section 3(1) of the Act.

158.Though the DG has also found that OP-4 also formed a part of this collusion, the
    Commission notes that with respect to OP-4, apart from the statement of Mr. Shekhar
    Ramamurthy of OP-1 that "coordination happened between UB, SAB and perhaps
    Carlsberg in this matter", there is no other evidence of involvement of OP-4 in such
    collusion. As such, the Commission does not find OP-4 guilty of cartelisation with
    respect to second-hand Beer bottles.

    Role of All India Brewers' Association (OP-5)

159.It is noted that all the three Beer companies, i.e., OP-1, OP-3 and OP-4, were lesser
    penalty applicants before the Commission. The only contesting OP was OP-5, the All
    India Brewers' Association. As such, the role of OP-5 in the cartelisation amongst Beer
    manufacturers has been analysed by the DG separately.

160.The DG has noted that OP-5 was formed as a registered society in 1977 under the
    Karnataka Societies Registration Act, 1960, with brewers as well as co-packers as its
    members. Its registration however, lapsed on account of inactivity. After its revival in
    2013 with framing of a new Memorandum of Association ('MoA'), the Beer brand
    owners became its prime members and the maltsters, equipment suppliers etc. became its



Suo Motu Case No. 06 of 2017                                                            185
     associate members. The concept of patron membership in OP-5 was abolished in 2016,
    and as in July 2018, the association had all major (both national and local level) Beer
    manufacturers as its members including OP-1, OP-3 and OP-4.

161.OP-5 is governed by a Board consisting of a chairman and members from amongst its
    member companies. OP-5 appointed Mr. Sovan Roy as its Director General in its Annual
    General Meeting held on 07.02.2013.

162.OP-5 is stated to have been formed for the purposes of advising its member companies
    and co-ordinating with the State Excise Authorities regarding framing of Excise policies
    regarding Beer and fixation and periodical revision of EBP and MRP of Beer products in
    the territories of respective States/UTs. However, as can be seen from multiple e-mails
    extracted above, OP-5 provided its platform to OP-1, OP-3 and OP-4 for price co-
    ordination and other forms of cartelisation in various States including Delhi, Odisha,
    Rajasthan and West Bengal.

163.Further, the DG has relied upon the following e-mail communications dated 10.02.2013
    exchanged between the OPs, which were submitted by OP-1 before the DG, and
    concluded that OP-5 as well as OP-1, OP-3 and OP-4, were well aware that their joint
    representations on pricing to Government Authorities, and discussions with competitors
    on restraint of trade, pricing etc., were in violation of the provisions of Competition Law.

    E-mail 1




Suo Motu Case No. 06 of 2017                                                                 186
     E-mail 2




    E-mail 3




    E-mail 4




    E-mail 5




    E-mail 6




Suo Motu Case No. 06 of 2017   187
     E-mail 7




164.In the above e-mails, the top managerial personnel of the OPs can be seen
    warning/advising each other from making discussions at the platform of OP-5. However,
    as is evident from the e-mail and other communications discussed earlier, the OPs
    continued to indulge in such discussions with each other, including Mr. Sovan Roy of
    OP-5, while making joint representations to the State Government Authorities on pricing
    issues, even after February 2013.

165.Though OP-5 has denied having any role in any anti-competitive activity, Mr. Sovan
    Roy, the Director General of OP-5 had admitted before the DG that "the platform of
    AIBA was used for pursuing increase of rates of the Beer industry."

166.Further, in his statement, Mr. Shekhar Ramamurthy of OP-1, former President/Chairman,
    on the role of OP-5, has stated that:

         "... we have used AIBA to represent to State Governments, specifically
         Rajasthan and Odisha with respect to an industry grievance on pricing. ... In
         Rajasthan specifically, since the Government had not given a price revision of
         the basic price since 2014, there have been discussions largely over telephone
         between CEOs/Presidents of CIPL, SAB Miller and UBL, and may be ABI as
         well, regarding petitions to be made to the Excise department for a basic price
         increase. The platform for these discussions was AIBA and the DG of AIBA was
         meant to coordinate the petitions and discussions between the companies and
         the State Excise department."

167.In this regard, Mr. Manish Shyam of OP-3, in his statement, has also stated that:

         "I did attend the meeting in December 2015 with Mr Pravin Gupta, PSF,
         Rajasthan requesting him for a price increase to which he again said that he
         would follow it up with the Government. The meeting was also attended by


Suo Motu Case No. 06 of 2017                                                               188
             Carlsberg and UB. After individual companies had submitted their respective
            proposals, they followed it up with the Excise Commissioner and the PSF,
            Rajasthan under umbrella of AIBA, so that collectively there would be better
            chances of getting a price increase. The decision to go through AIBA was taken
            by the top management."

168.Mr. Shalabh Seth of OP-3, has also deposed that:

            "Yes, we used to meet at least four times a year at AIBA meetings and also at
            other places to discuss prospective quotes and also other industry issues like
            State Excise policy etc. so that we collectively get a better bargain from the
            Government."

169.Further, Ms. Ritika Verma, Senior Executive Assistant of OP-5, stated in her statement
    that:

            "... I generally receive emails from United Breweries, Carlsberg, AB InBev,
            Molson & Coors, Devan Modern Breweries, Mohou India and other members of
            AIBA. Particularly emails are received from UB & Carlsberg. These companies
            occasionally send emails sharing their cost card of Beers in case there is a
            requirement of increase in landed price/ex-brewery price or need for lowering
            the Excise duty in a particular State. After getting the cost card, our DG seeks
            appointment with respective State official to discuss the said issues. The
            companies UB, Carlsberg, AB InBev also send their proposals to revise the ex-
            brewery price/landed price for different States to AIBA. The prices with
            proposals and cost cards are shared by AIBA with other manufacturers also,
            and after agreeing on a particular price revision by members especially UB,
            Carlsberg, and AB InBev, AIBA takes up the matter with respective State
            Governments for revision in ex-brewery price. So far as I remember, I started
            receiving/exchanging the cost card of Beer manufacturers (particularly UB,
            Carlsberg and AB InBev) since 2014. All the price increase related decisions,
            i.e., to increase ex-brewery price of Beer/landed price of Beer are taken with the
            concurrence of AIBA members and Chairman of AIBA. The background work,
            calculations, arrangement of meetings with members etc. are being done by our
            DG, Sh. Sovan Roy. The discussions relating to price increase of Beer, i.e., ex-
            brewery price/landed price are held over phone/mobile by Sh. Sovan Roy with
            the members of AIBA and Chairman of AIBA. Emails are also sent by members
            of AIBA to AIBA in relation to price increase of Beer in respective States."

170.Thus, as deposed by Mr. Shekhar Ramamurthy of OP-1, and Mr. Shalabh Seth and Mr.
    Manish Shyam of OP-3, and as confirmed by Ms. Ritika Verma of OP-5 herself, the Beer
    manufacturing companies used to exchange discussions amongst themselves on their



Suo Motu Case No. 06 of 2017                                                                     189
     prospective quotes and the way forward with State Excise departments. The
    representatives of the member companies used to meet the Excise Authorities under the
    umbrella of OP-5 so that collectively there would be better chances of getting price
    increase. On its part, OP-5 also proposed the rates/quantum of price revisions to be
    applied for before the State Governments, as evidenced from the e-mails discussed in
    detail earlier. Besides, to facilitate one-to-one discussions amongst its member
    companies on various issues, including pricing, OP-5 also arranged conference calls
    amongst the top managerial personnel of the companies.

171.Hence, OP-1 and OP-3 indulged into nation-wide cartelisation from 2009 to at least
    10.10.2018 (till the DG conducted search and seizure operation at the premises of the
    OPs), with OP-4 joining in from 2012 and with OP-5, since 2013, serving as a platform
    for facilitating such cartelisation, which is in contravention of the provisions of Section
    3(3)(a), 3(3)(b) and 3(3)(c) read with Section 3(1) of the Act. Though OP-1 and OP-4
    have raised several arguments against the analysis and findings of the DG, all three
    cartelising companies, i.e., OP-1, OP-3 and OP-4, by filing lesser penalty applications
    before the Commission, have in a way, acknowledged and accepted their guilty anti-
    competitive conduct.

172.The major argument which has been raised by OP-1 and OP-4 is that such co-ordinated
    conduct amongst the OPs was necessary because of the highly regulated nature of the
    Beer industry and the high-handedness of the State Authorities. The Commission notes
    that such plea taken by the OPs cannot exempt them from the consequences of their
    deliberate unlawful conduct. However, the same may be considered as a mitigating factor
    in their favour.

    Liability under Section 48:

173.Now that contravention of the provisions of the Act by the OPs has been established, the
    Commission proceeds to determine in the subsequent paragraphs, role and liability of the
    respective individuals of the OPs, in terms of Section 48 of the Act.




Suo Motu Case No. 06 of 2017                                                               190
 174.The DG has found 5 individuals of OP-1, 6 individuals of OP-3, 7 individuals of OP-4
    and 1 individual of OP-5 liable in terms of Section 48 of the Act, for the anti-competitive
    conduct of their respective company. The role and liability of each of them is discussed
    as follows:

    United Breweries Limited

175.The first individual of OP-1 found liable by the DG under Section 48(1) of the Act is Mr.
    Kalyan Ganguly, Former Managing Director of OP-1 from 2009 till July 2015. Being the
    Managing Director during the period of contravention by OP-1, Mr. Kalyan Ganguly was
    in-charge of, and was responsible to OP-1 for the conduct of its business. Further, he was
    in receipt of a few e-mails dated 02.06.2010 extracted above with respect to cartelisation
    in the purchase of second-hand bottles by OP-1. As such, being in-charge of and
    responsible to OP-1 for the conduct of its business during the relevant period of
    contravention by OP-1, Mr. Kalyan Ganguly has been found liable by the DG for the
    conduct of OP-1 in terms of Section 48(1) of the Act.

176.Before the Commission, Mr. Ganguly has submitted that being the Managing Director,
    he was not involved in day-to-day operations of OP-1 and was involved only in relation
    to key and strategic discussions and decisions in relation to the operations and
    management of OP-1. However, he has not been able to prove that contravention by OP-
    1 was committed without his knowledge or that he had exercised all due diligence to
    prevent the commission of such contravention by OP-1.

177.Further, Mr. Ganguly has submitted before the Commission that he was not given an
    opportunity by the DG to present his case before giving a finding of contravention
    against him; as such principles of natural justice have been violated against him. In this
    regard, the Commission notes that as full opportunity to respond to the DG Report has
    been afforded to Mr. Kalyan Ganguly by the Commission, no principles of natural justice
    against him have been violated.

178.Being in-charge of and responsible to OP-1 for the conduct of its business from 2009 to
    2015, the Commission holds Mr. Kalyan Ganguly liable for the anti-competitive conduct
    of OP-1 in terms of Section 48(1) of the Act.



Suo Motu Case No. 06 of 2017                                                               191
 179.The next individual of OP-1 found liable by the DG under Section 48(1) of the Act is Mr.
    Shekhar Ramamurthy, Managing Director of OP-1 since 01.08.2015, former Joint
    President of OP-1 from September 2012 till July 2015 and former Deputy President of
    OP-1 from October 2007 till August 2012.

180.Mr. Shekhar Ramamurthy has been the sender and recipient of several e-mail
    communications exchanged between the competitors including e-mails dated 02.06.2010,
    10.02.2013, 29.07.2013, 02.08.2013, 07.08.2013, 06.03.2015, 31.03.2015, 09.04.2015,
    17.04.2015, 22.04.2015 and 28.04.2015 extracted above, in which discussions with
    respect to co-ordination in the States of Delhi and Odisha and with respect to purchase of
    second-hand bottles took place, besides being CC'd in several other e-mails. Further, Mr.
    Ramamurthy also had a WhatsApp chat dated 19.01.2018 with Mr. Kiran Kumar of OP-1
    in respect of MRP increase being sought in the State of West Bengal. All these evidences
    have been used by the DG to reach a finding of cartelisation against OP-1. Also, in its
    lesser penalty application, OP-1 has named Mr. Shekhar Ramamurthy as one of the
    individuals involved on its behalf in cartelisation conduct.

181.In fact, in his deposition on oath before the DG, Mr. Shekhar Ramamurthy has himself
    admitted as follows:

         "... the alcohol industry is very tightly controlled by respective State
         governments making the business an imperfect market. In this context, to
         mitigate the pain for the industry, we have indeed coordinated and discussed
         with our competitors on basic prices that we could get from respective State
         governments....... it is also a fact that we have discussed prices in States of
         Karnataka, Maharashtra..."

182.Further, Mr. Ramamurthy has admitted to have had personal interactions with Mr. Paolo
    Lanzarotti and Mr. Shalabh Seth of OP-3, as well as with Mr. Michael Jensen and Mr.
    Pawan Jagetia of OP-4 on pricing issues. He has admitted to have communicated with
    the top managerial personnel of the competitor companies through telephone calls, e-
    mails and text messages. In their statements recorded during the course of investigation,
    Mr. Michael Norgaard Jensen and Mr. Shalabh Seth of OP-4, have also admitted to have
    had anti-competitive contacts with Mr. Shekhar Ramamurthy.




Suo Motu Case No. 06 of 2017                                                              192
 183.Though Mr. Ramamurthy has submitted that being the Managing Director, he was not
    involved in day-to-day operations of OP-1 and there is no reason for him to be aware of
    the alleged conduct as his role involved only key and strategic discussions and decisions
    in relation to operations and management of OP-1, the Commission observes that before
    becoming the Managing Director of OP-1 in 2015, he held other positions in OP-1 and at
    that time, he was a part of several e-mail communications (sender and/or recipient) and
    other competitor contacts, in respect of cartelisation by OP-1. Further, even as Managing
    Director of OP-1, he has not been able to prove that contravention by OP-1 was
    committed without his knowledge or that he had exercised all due diligence to prevent
    the commission of such contravention by OP-1.

184.As such, being a clear part of and being aware of the anti-competitive activities of OP-1,
    Mr. Shekhar Ramamurthy is liable for the conduct of OP-1 in terms of Section 48(1) as
    well as 48 (2) of the Act.

185.The third individual found liable by the DG under Section 48(2) of the Act is Mr. Steven
    Bosch, former ED and CFO of OP-1 from 01.09.2016 to 01.01.2019. The DG has noted
    that during the search and seizure operation, certain e-mails exchanged between key
    personnel of OP-1 and their counterparts in competing companies, were recovered from
    the cabin of Mr. Steven Bosch. Further, one WhatsApp communication of November
    2017 with Mr. Ben Abi of AB InBev, was recovered from his iPhone, contents of which
    are as below:




Suo Motu Case No. 06 of 2017                                                              193
 186.The DG has observed that such WhatsApp communication indicates that in November,
    2017, Mr. Steven Bosch made an attempt to get Mr. Ben Verhaert, Managing Director of
    AB InBev, to co-ordinate with him on 'industry related matter', but was rebuffed by Mr.
    Ben Verhaert. The DG observed that though there is no e-mail communication to-and-fro
    Mr. Steven Bosch, nonetheless, being a whole-time Director and CFO of OP-1 involved
    in handling day-to-day affairs of the company, Mr. Steven Bosch is responsible for anti-
    competitive activities of the company in terms of Section 48(2) of the Act.

187.In this regard, Mr. Steven Bosch has submitted that the DG has erroneously relied on the
    factors relevant under Section 48(1) of the Act to recommend individual liability against
    him under Section 48(2) of the Act. There is no evidence on record which even faintly
    establishes de facto or active involvement of Mr. Steven Bosch in the alleged anti-
    competitive activities of OP-1. The DG has not been able to prove any consent, or
    connivance, or neglect on part of Mr. Steven Bosch to recommend individual liability
    under Section 48(2) of the Act. Rather, instead of proving consent or connivance or
    neglect on part of Mr. Steven Bosch, the DG has wrongly relied on the "in-charge of and



Suo Motu Case No. 06 of 2017                                                             194
     responsible to" test under Section 48(1) of the Act to hold Mr. Bosch liable. Further, Mr.
    Bosch has submitted that there is also no evidence on record to justify recommendation
    of individual liability against Mr. Steven Bosch under Section 48(1) of the Act. In his
    capacity as the CFO and ED, Mr. Steven Bosch had the responsibility of the financial
    performance of OP-1; his primary responsibility being to manage the profit and loss
    account and monitor the performance of OP-1 against the agreed budget. As such, Mr.
    Steven Bosch only had broad and high-level knowledge of pricing, pricing strategy, sales
    data and targets, as well as volume data. The role and profile of Mr. Steven Bosch did
    not entail any contact with OP-1's competitors or decision making in relation to OP-1's
    sales or prices.

188.Mr. Steven Bosch has submitted that it was only in June 2018 that for the first time, he
    was made aware that there might be certain competitor contact between certain
    employees of OP-1 with third parties (which could have included OP-1's competitors),
    which could potentially be considered as anti-competitive under the Act. From June 2018
    until the Dawn Raid, Mr. Steven Bosch exercised all due diligence and took all possible
    steps to make OP-1 competition compliant. It was due to the reason of internal audit that
    was going on during that period that a "few e-mails" were seized by the DG during Dawn
    Raid from Mr. Bosch's cabin. These e-mails relate to other persons and were dated
    before Mr. Steven Bosch joined in at OP-1.

189.Regarding the WhatsApp exchange of November 2017 with Mr. Ben Verhaert of AB
    InBev, Mr. Bosch has submitted that the same has been misconstrued by the DG. The
    industry matter referred to in the said communication was around issues regarding the
    applicability of GST on contract production units. There was no other intended
    motive/intention to discuss any other topic with Mr. Ben Verhaert. Further, no actual
    meeting ever took place between Mr. Steven Bosch and Mr. Ben Verhaert in furtherance
    of such communication, as such there could also have been no AAEC anyhow. Yet, the
    DG has misconstrued the above WhatsApp exchange as being an attempt on part of Mr.
    Steven Bosch to "coordinate with him on an industry related matter" and "an attempt to
    have contacts with Mr. Ben Verhaert". The DG could have sought clarification from Mr.
    Ben Verhaert to explain the context of the concerned WhatsApp message; however, it
    failed to do so.


Suo Motu Case No. 06 of 2017                                                              195
 190.At the outset, the Commission notes that Mr. Steven Bosch is a lesser penalty applicant
    before the Commission. In his lesser penalty application, Mr. Bosch has clearly stated
    that he became aware of the anti-competitive activities of OP-1 only in June 2018
    pursuant to which, he promptly brought the possible violation to the notice of Heineken,
    the major shareholder in OP-1, and internal audit by externals counsels was started in
    OP-1. Mr. Bosch has demonstrated through WhatsApp communications and e-mail
    exchanges annexed to his lesser penalty application that though internal resistance from
    certain officers of OP-1 was being faced, he ensured that such competitor contacts of
    OP-1 were tabled at OP-1's Board Meetings. Further, Mr. Bosch has also annexed
    multiple WhatsApp communications to his lesser penalty application including a
    WhatsApp communication dated 18.06.2018 sent to Mr. Ernst Vd Weert - Heineken,
    Legal Head, which shows that he was discussing filing for leniency with the CCI.

191.Noting the above facts, the Commission is of the view that the same explains the DG
    recovering certain incriminating e-mails from the cabin of Mr. Steven Bosch during the
    search and seizure operations at OP-1 in which e-mails, is it noted that Mr. Steven Bosch
    was neither a sender nor recipient nor CC'd in any of such e-mails.

192.There is also no other evidence available on record of Mr. Steven Bosch having any
    competitor contacts like e-mail communications/messages/phone calls/attending OP-5
    meetings, which may incriminate Mr. Bosch in the anti-competitive activities of OP-1.
    The sole contact found by the DG is the WhatsApp communication dated 09.11.2017
    which simply shows that Mr. Bosch wanted to discuss an 'industry-related' matter with
    Mr. Ben Abi of AB InBev. Mr. Bosch has explained that such 'industry-related' matter
    pertained to GST and it can be seen from the WhatsApp communication that Mr. Ben
    Abi had stated that such matter may be discussed in a more formal meeting to which Mr.
    Bosch agreed. There is no evidence on record which may show that the industry-related
    matter had to be some sort of anti-competitive discussion.

193.As such, in the opinion of the Commission, without there being any evidence of active
    involvement of Mr. Steven Bosch in the anti-competitive activities of OP-1, he cannot be
    held liable in terms of Section 48(2) of the Act for the anti-competitive activities of OP-
    1.



Suo Motu Case No. 06 of 2017                                                               196
 194.As far as his liability under Section 48(1) of the Act is concerned, Mr. Steven Bosch was
    the ED and CFO of OP-1. He has submitted that had the responsibility of the financial
    performance of OP-1; his primary responsibility being to manage the profit and loss
    account and monitor the performance of OP-1 against the agreed budget. As such, he had
    only broad and high-level knowledge of pricing, pricing strategy, sales data and targets,
    as well as volume data. His role and profile did not entail any contact with OP-1's
    competitors or decision making in relation to OP-1's sales or prices. Further, Mr. Bosch
    has clearly stated in his lesser penalty application that till June 2018, he had no
    knowledge of OP-1 indulging into any anti-competitive activity.

195.In the opinion of the Commission, given the role and profile of Mr. Steven Bosch in OP-
    1, he cannot be said to be 'in-charge of' or 'responsible to' OP-1, for the conduct of its
    business. Further, Mr. Bosch's submission that he had no knowledge of anti-competitive
    activities of OP-1 till June 2018 seems plausible as after June 2018, it can be seen that
    Mr. Bosch did initiate external audit in OP-1 and brought the alleged violations by OP-1
    to the notice of people at Heineken.

196.Therefore, in the opinion of the Commission, Mr. Steven Bosch also cannot be held to be
    liable in terms of Section 48(1) of the Act for the anti-competitive activities of OP-1.

197.The fourth individual found liable by the DG under Section 48(2) of the Act is Mr. Kiran
    Kumar, Chief Sales Officer of OP-1 since 28.08.2017, former Executive Vice President
    Sales of OP-1 from July 2014 till June 2017 and former Senior Vice President Sales from
    July 2009 till June 2014.

198.At the outset, it is noted that Mr. Kiran Kumar has submitted before the Commission that
    an officer of a company can only be liable in terms of Section 48(2) of the Act once the
    company is found to be in contravention of the provisions of Act. In this regard, since the
    Commission has already found OP-1 to be in contravention of the provisions of the Act
    above, the role and liability of its individuals in terms of Section 48 of the Act can now
    be examined.




Suo Motu Case No. 06 of 2017                                                                   197
 199.The DG has found that Mr. Kiran Kumar was directly reporting to the Managing
    Director of OP-1, and that he is the one responsible for the sales volume, revenue and
    market share of the company.

200.The Commission notes that Mr. Kiran Kumar was the sender and recipient of multiple e-
    mails including e-mails dated 09.06.2009, 15.09.2009, 08.03.2010, 07.09.2011,
    12.09.2011, 25.01.2011, 22.12.2011, 15.11.2013, 28.04.2015, 30.04.2015, 28.10.2016
    and 11.01.2018 extracted above with respect to cartelisation in the States/UTs of Andhra,
    Karnataka, Maharashtra, Odisha, Puducherry, Rajasthan and West Bengal. Further, he
    exchanged WhatsApp messages with Mr. Shalabh Seth of OP-3 in 2013 and with Mr.
    Shekhar Ramamurthy of OP-1 on 19.01.2018, which have also been extracted above and
    used to establish cartelisation against OP-1. His message exchanges with Mr. Deepak
    Malhotra of OP-3 and Mr. Anil Bahl of OP-4 have also been extracted above and used
    for the purpose of establishing cartelisation in the UT of Puducherry.

201.In his deposition on oath before the DG, Mr. Kiran Kumar made the following
    admissions:

         "Yes, on certain occasions we discuss prices with our competitors. For instance,
         in Rajasthan in order to pursue price increase, we shared and discussed price
         data under the umbrella of All India Brewers Association (AIBA). ......we tried
         to push the prices up in Delhi and regarding this I had discussion with Mr.
         Mahesh Kanchan, Marketing Head of Carlsberg India Ltd. The discussions
         didn't materialise. In Rajasthan it was through AIBA and in Delhi I had spoken
         to Mr. Mahesh Kanchan of Carlsberg India Ltd. The discussions were typically
         held either through conference calls or through phone calls. For West Bengal
         during last year I had discussions with Carlsberg (Mahesh Kanchan) wherein
         price restructuring was discussed which included sharing of calculations of
         basic price to MRP. In Odisha, 2-3 years ago when the government increased
         duty and reduced manufacturers prices, through AIBA we had discussions
         wherein we discussed pricing and the way forward to work with the government
         to rationalise the pricing."

202.Further, in his subsequent deposition on oath before the DG, Mr. Kiran Kumar admitted
    to have talked to the Managing Directors and other key persons of OP-3 and OP-4:

         "As far as I can recall, I have interacted with the following persons in various
         companies:



Suo Motu Case No. 06 of 2017                                                                198
                   S.    Company
                                                          Name of the person(s)
                  No.    Name
                                  Mr. Anand Shukla, Profit Center Head--South
                                  Mr. T.J. Venketashwaran, Profit Center Head--Central
                                  Mr. Shalabh Seth, Head of Sales and later MD
                           SAB    Mr. Diwakaran S., Regional Head--South
                   1.    Miller Mr. Sundeep Kumar, Corporate Affairs Head
                          India   Mr. Nilojit Guha, Sales Head
                                  Mr. Deepak Malhotra, Sales Head (after Mr. Nilojit Guha)
                                  Mr. Anil Arya, Finance Head
                                  Mr. Sheshu Kumar, handling MIS
                                  Mr. Michael Jensen, MD
                        Carlsberg Mr. Anil Bahl, Head of Sales
                   2.
                          India   Mr. Mahesh Kanchan, Head of Marketing
                                  Mr. Manoj, Regional Head--North
         ... Bulk of the discussions would have been over telephone. Some email
         exchanges have also happened on pricing details, as well as some text and
         WhatsApp messages. There were a few personal meetings as well."

203.Mr. Shekhar Ramamurthy of OP-1 has also named Mr. Kiran Kumar as one of the
    employees of OP-1 who had interactions with competitors. Mr. Shalabh Seth of OP-3 has
    also stated that his discussions on pricing, EBP and discounts were mostly with Mr.
    Kiran Kumar of OP-1 and Mr. Anil Bahl of OP-4.

204.As such, the active involvement of Mr. Kiran Kumar in the anti-competitive activities of
    OP-1 is evident. Also, in its lesser penalty application, OP-1 has named Mr. Kiran
    Kumar as one of the individuals involved on its behalf in cartelisation conduct. Hence,
    the Commission holds Mr. Kiran Kumar liable in terms of Section 48(2) of the Act for
    the anti-competitive conduct of OP-1.

205.The last individual found liable by the DG under Section 48(2) of the Act is Mr. Perry
    Goes, Head of Strategic Planning & Analytics of OP-1 till 28.08.2017.

206.At the outset, it is noted that Mr. Perry Goes has also submitted before the Commission
    that an officer of a company can only be liable in terms of Section 48(2) of the Act once
    the company is found to be in contravention of the provisions of Act. In this regard, since
    the Commission has already found OP-1 to be in contravention of the provisions of the




Suo Motu Case No. 06 of 2017                                                               199
     Act above, the role and liability of its individuals in terms of Section 48 of the Act can
    now be examined.

207.The DG has noted that Mr. Goes was one of the key persons who attended the various
    meetings of OP-5 on behalf of OP-1 where the OPs had close interactions with each
    other. Further, the Commission notes that Mr. Perry Goes was the sender and recipient of
    multiple e-mails including e-mails dated 29.07.2013, 01.08.2013, 17.04.2015,
    20.04.2015, 22.01.2015, 31.10.2016 and 07.11.2016 extracted above with respect to
    cartelisation in the States of Delhi, Odisha and Rajasthan.

208.Mr. Kiran Kumar, in his statement before the DG, has named Mr. Perry Goes as one of
    the persons who had interacted with OP-1's counterparts in competition companies. In its
    reply to the DG, OP-4 has also stated that the decision to curtail supply in the State of
    Odisha in 2015 took place through OP-5 and discussions between Mr. Shekhar
    Ramamurthy. Mr. Michael Jensen, Mr. Shalabh Seth, Mr. Sovan Roy, Mr. Dhiraj Kapur,
    Mr. Manish Shyam, Mr. Perry Goes and Mr. Chris White.

209.As such, the active involvement of Mr. Perry Goes in the anti-competitive activities of
    OP-1 is evident.

210.Though Mr. Goes has alleged before the Commission that principles of natural justice
    against him have been violated as the DG did not grant Mr. Goes an opportunity to
    present his defense during investigation, the Commission notes in this regard that Mr.
    Goes     has   been    given   full   opportunity   by   the   Commission   to   file   his
    objections/suggestions, if any, against the DG Report including against the evidences
    collected by the DG against Mr. Goes and the analysis made by the DG in regards
    thereto. Yet, Mr. Goes has not refuted any of the e-mails sent/received by him. He has
    only stated that he was marked in the communications related to industry issues which
    OP-5 was representing before the Government Authorities, as he was tasked with
    representing OP-1 at OP-5. Therefore, all communications wherein Mr. Goes is marked
    as well as communications of Mr. Goes with Mr. Sovan Roy of OP-5 must be seen in
    this light.




Suo Motu Case No. 06 of 2017                                                                200
 211.In the opinion of the Commission, the industry issues which OP-5 was taking up with the
    Government Authorities collectively on behalf of the other OPs, included seeking similar
    price increase as well as stoppage of supplies, which conduct of OP-5 has already been
    held above to be in violation of the provisions of the Act. Further, OP-1, in its lesser
    penalty application, has categorically named Mr. Perry Goes as one of the individuals
    involved on its behalf in cartelisation conduct. As such, Mr. Perry Goes, representing
    OP-1 at OP-5 for such anti-competitive conduct, is liable in terms of Section 48(2) of the
    Act, for OP-1's conduct.

    SABMiller India Limited (now renamed as Anheuser Busch InBev India Ltd.)

212.The first individual found liable by the DG under Section 48(1) of the Act is Mr. Paolo
    Alberto Francesco Lanzarotti, Former Managing Director from June 2009 till 2012. The
    next individual found liable by the DG under Section 48(1) of the Act is Mr. Grant
    Murray Liversage, Former Managing Director from August 2013 till December 2014.

213.In regard to these two individuals, the Commission notes that vide its order dated
    07.01.2020, the Commission had noted that the DG's investigation report could not be
    served upon these two individuals as the last known addresses of these two individuals
    submitted by AB InBev were of Slovakia and Mozambique. As such, the Commission
    decides to drop the proceedings against these two individuals.

214.The third individual found liable by the DG under Section 48(1) of the Act is Mr.
    Shalabh Seth, Former Managing Director from January 2015 till 31.10.2016, Former
    Sales Director from April 2012 till 2014 and Former Director Supply Chain from 2009
    till March 2012.

215.The Commission notes that Mr. Shalabh Seth was the sender and recipient of multiple e-
    mails including e-mails dated 12.10.2009, 13.10.2009, 01.06.2010, 02.06.2010,
    22.12.2011, 09.08.2013, 15.11.2013, 06.03.2015, 31.03.2015, 09.04.2015, 17.04.2015,
    19.04.2015, 22.04.2015, 28.04.2015, 29.04.2015 and 05.06.2015 extracted above with
    respect to cartelisation in the States of Andhra Pradesh, Delhi, Karnataka, Odisha,
    Rajasthan, and with respect to cartelisation in the sale and purchase of second-hand
    bottles. Further, he exchanged WhatsApp messages with Mr. Kiran Kumar of OP-1 in



Suo Motu Case No. 06 of 2017                                                              201
     2013, which have also been extracted above and used to establish cartelisation against
    OP-3. OP-3 has also categorically named Mr. Shalabh Seth as one of the individuals
    involved on its behalf in the cartelisation conduct, in its lesser penalty application.

216.When asked about his meetings with competitors during his deposition on oath before
    the DG, Mr. Shalabh Seth, while admitting to have had anti-competitive talks with the
    competitors, stated that:

         "Yes, we used to meet at least four times a year at AIBA meetings and also at
         other places to discuss prospective quotes and also other industry issues like
         state excise policy etc. so that we collectively get a better bargain from the
         government..."

217.In his subsequent deposition, he stated as under:

         "There were discussions with competitors on beer pricing and EBP between
         2008 to 2016 in various capacities held by me during the said period (Director-
         Supply Chain from January-2009 to Sept-2011, Director Sales from Oct 2011 to
         Dec 2014, and Managing Director from January 2015 till October 2016).
         However, I was specifically involved from October 2011 to October 2016. Other
         than pricing, there were discussions on patent bottle pricing, discounts in a few
         States, and Institutional Sales (where I was not privy to discussions). My
         discussions on pricing, EBP and discounts were mostly with Mr. Kiran Kumar
         (from UB) and Mr. Anil Bahl (from Carlsberg). On patent bottles, my
         discussions were with Mr. Santosh Kumar and Mr. Sudesh Shenoy (both from
         UB) ..."

218.In his statement, Mr. Shekhar Ramamurthy of OP-1, specifically named Mr. Shalabh
    Seth as one of the persons from competitor companies with whom he had personal
    interactions on the issue of pricing in Rajasthan, Odisha, Andhra Pradesh/Telangana
    largely over telephone, e-mails and sometimes over text SMSs. Mr. Kiran Kumar of OP-
    1 also, in his statement, named Mr. Shalabh Seth as one of the persons who had
    interacted with their counterparts in competition companies. In his statement, Mr.
    Michael Jensen of OP-4 also stated to have had interactions with Mr. Shalabh Seth on
    generalised policy terms and directional interactions and lobby activities with the
    government. Mr. Nilojit Guha of OP-3 also stated that it was Mr. Shalabh Seth who
    introduced him to Mr. Kiran Kumar of OP-1.




Suo Motu Case No. 06 of 2017                                                                  202
 219.Thus, evidently, Mr. Shalabh Seth was a part of the anti-competitive activities by OP-3
    ever since he was employed in OP-3, in various roles. In his objections/suggestions to the
    DG Report as well as during the oral hearing, Mr. Shalabh Seth did not refute his role in
    cartelisation on behalf of OP-3. Further, he is also a lesser penalty applicant before the
    Commission. As part of his submissions, Mr. Seth has simply submitted that he has
    provided certain vital additional evidence which has added significant value to the DG's
    investigation and to the evidence that was already in the possession of the
    Commission/DG. Such significant additional value is evident from the fact that during
    the depositions of the representatives of other players involved in the co-ordination, the
    DG has extensively referred to/relied on the documentary evidence submitted by Mr.
    Shalabh Seth as part of his lesser penalty application as well as the statements made
    during his depositions before the DG.

220.Thus, the Commission holds Mr. Shalabh Seth guilty in terms of Section 48(1) of the Act
    being the former Managing Director of OP-3 and as such, in-charge of and responsible
    to OP-3 for the conduct of its business, as well as under Section 48(2) of the Act having
    played an active role in the cartel conduct.

221.The fourth individual found liable by the DG under Section 48(2) of the Act is Mr.
    Nilojit Guha, Former Sales Director from January 2015 till 15.11.2016 and Former Vice
    President Sales Control from May 2011 till December 2014.

222.The Commission notes that Mr. Nilojit Guha was the sender and recipient of multiple e-
    mails including e-mails dated 15.09.2009, 08.03.2010 and 09.08.2013 extracted above
    with respect to cartelisation in the States of Delhi and Odisha.

223.In his deposition on oath, Mr. Nilojit Guha stated as under:

         "I do not deny having discussions with mainly Mr. Kiran Kumar on a few
         occasions on the pricing issues. I recollect having contacted, Mr. Kiran Kumar
         at times on pricing issues. For example, states like Delhi, Orissa, Maharashtra,
         Karnataka, West Bengal mainly. In these pricing discussions I played the role of
         a coordinator as per instruction of my superior (Mr. Shalabh Seth. I didn't have
         the authority to decide about the pricing for any State. Whatever discussion I
         had with Mr. Kiran Kumar was mainly with the intention that the industry gets
         the price increase to recover the rising cost of raw materials ..."



Suo Motu Case No. 06 of 2017                                                                203
          "After seeing the old mails which I do not remember, the mails being very old, I
         now admit that at times I had coordinated with the competitor (mainly with Mr.
         Kiran Kumar of UB) for application of our price requests in certain States. This
         coordination role I had played mainly on the instructions of my superiors who
         would fix the price and advise me to go for the application for price revision in
         different States..."

224.Further, in his statement, Mr. Kiran Kumar of OP-1 has also named Mr. Nilojit Guha as
    one of the persons from OP-3 with whom he had anti-competitive contacts. Moreover, in
    regard to the e-mail exchanges of September 2009 and March 2010 between them, Mr.
    Kiran Kumar stated that "... Mr. Nilojit Guha and I might have discussed our respective
    company's prices and aligned our prices accordingly ...".

225.Mr. Shekhar Ramamurthy of OP-1, in his statement, also named Mr. Nilojit Guha as one
    of the persons from competitor companies with whom his colleagues had anti-
    competitive interactions.

226.OP-3 has also categorically named Mr. Nilojit Guha as one of the individuals involved
    on its behalf in the cartelisation conduct, in its lesser penalty application. In his
    objections/suggestions to the DG Report as well as during the oral hearing, Mr. Nilojit
    Guha has also not disputed the findings of the DG against him.

227.As such, the Commission holds Mr. Nilojit Guha guilty in terms of Section 48(2) of the
    Act on behalf of OP-3.

228.The fourth individual found liable by the DG under Section 48(2) of the Act is Mr.
    Suryanarayana Diwakaran, Former Vice President Sales till 15.11.2016, Former Vice
    President Sales South from May 2011 till 2016 and Former General Manager Sales
    South from 2009 till April 2011.

229.The Commission notes that Mr. Suryanarayana Diwakaran was the sender and recipient
    of multiple e-mails including e-mails dated 09.06.2009, 30.10.2010 and 25.01.2011
    extracted above with respect to cartelisation in the States of Andhra Pradesh and
    Karnataka.

230.Mr. Shalabh Seth of OP-3 has also stated that Mr. S. Diwakaran was one of the
    employees of OP-3 who had discussions with company's competitors. Mr. Kiran Kumar


Suo Motu Case No. 06 of 2017                                                                 204
     of OP-1 also admitted to having anti-competitive contacts with Mr. S. Diwakaran of OP-
    3.

231.OP-3 itself has also categorically named Mr. Suryanarayana Diwakaran as one of the
    individuals involved on its behalf in the cartelisation conduct, in its lesser penalty
    application. In his objections/suggestions to the DG Report as well as during the oral
    hearing, Mr. Suryanarayana Diwakaran has also not disputed the findings of the DG
    against him. He has only stated that he was not summoned by the DG for recording of his
    statement which shows that his role was not pivotal in the anti-competitive agreement.
    Further, he ceased to have any participation in the cartel with effect from 15.11.2016
    since he had left OP-3 on 15.11.2016. Also, throughout his employment, Mr. Diwakaran
    never held any position of influence at OP-3 and was only acting upon the instructions of
    his seniors. As such, a lenient view ought to be adopted by the Commission qua Mr.
    Diwakaran.

232.On the basis of the undisputed evidences against him found by the DG, the Commission
    holds Mr. Suryanarayana Diwakaran guilty in terms of Section 48(2) of the Act on behalf
    of OP-3.

233.The last individual found liable by the DG under Section 48(2) of the Act is Mr. Anil
    Arya, Former Director Solutions Business Unit India from June 2017 till 15.10.2018,
    Former Vice President Financial Control from October 2014 till May 2017, Former
    General Manager Operations Finance from August 2012 till September 2014, Former
    General Manager Decision Support Sales from May 2011 till July 2012 and Former
    Head Decision Support Sales from 2009 till April 2011.

234.The Commission notes that Mr. Anil Arya was the sender and recipient of multiple e-
    mails including e-mails dated 07.09.2011, 12.09.2011, 22.12.2011 and 09.08.2013
    extracted above with respect to cartelisation in the States of Delhi, Karnataka and
    Maharashtra.

235.Further, Mr. Shalabh Seth of OP-3 has also stated that Mr. Anil Arya was one of the
    employees of OP-3 who had discussions with company's competitors. Mr. Kiran Kumar




Suo Motu Case No. 06 of 2017                                                             205
     of OP-1 also admitted to having anti-competitive contacts with Mr. Anil Arya, Finance
    Head of SABMiller.

236.OP-3 has also categorically named Mr. Anil Arya as one of the individuals involved on
    its behalf in the cartelisation conduct, in its lesser penalty application. In his
    objections/suggestions to the DG Report as well as during the oral hearing, Mr. Anil
    Arya has also not disputed the findings of the DG against him. He has only submitted
    that he was not the decision-making Authority or pivotal in the functioning of this cartel
    arrangement.

237.As such, the Commission holds Mr. Anil Arya guilty in terms of Section 48(2) of the Act
    on behalf of OP-3.

    Carlsberg India Private Limited

238.The first individual found liable by the DG under Section 48(1) of the Act is Mr. Soren
    Lauridsen, Former Managing Director from 2010-11 till March 2014. The Commission
    notes that vide its order dated 05.02.2020, the Commission had noted that the DG's
    investigation report could not be served upon Mr. Soren Lauridsen as his last known
    address submitted by OP-4 was of Malaysia. As such, the Commission decides to drop
    the proceedings against Mr. Soren Lauridsen.

239.The next individual found liable by the DG under Section 48 of the Act is Mr. Michael
    Norgaard Jensen, Former Managing Director from April 2014 till April 2017 and Former
    Deputy Managing Director from June 2013 till March 2014.

240.The Commission notes that Mr. Michael Jensen was the sender and recipient of multiple
    e-mails including e-mails dated 13.04.2012, 15.04.2012, 02.05.2012, 11.05.2012,
    06.03.2015, 27.03.2015, 31.03.2015, 09.04.2015, 17.04.2015, 22.04.2015, 28.04.2015,
    29.04.2015, 30.04.2015 and 05.06.2015 extracted above with respect to cartelisation in
    the States of Delhi, Odisha, Rajasthan, West Bengal.

241.In his deposition on oath before the DG, Mr. Jensen admitted to contacts between the
    competitors, stating as under:




Suo Motu Case No. 06 of 2017                                                              206
          "At local levels in select cases, there had been exchange of MRPs between
         competition. While making requests for price revisions, especially in free market
         States, sometimes the Local Heads would exchange pricing targets with their
         counterparts. Even the timing of the price revision requests in free states would
         be shared with the competitors ... There had been cases where part of the
         management had been exchanging price information with competitors, for
         example in 2012 and 2015 in West Bengal ... In few instances, I was also
         personally involved in interacting with Mr. Shalabh Seth (SABMiller) and Mr.
         Shekhar Ramamurthy (UB), both through AIBA and otherwise, for example in
         the context of the extraordinary events in Orissa in 2015 ..."
         "My interactions were primarily with the other CEOs, mainly via AIBA
         meetings, on calls or emails. The nature of these interactions were primarily in
         the generalised policy terms and directional interactions and lobby activities
         with the government. I had these interactions with Mr. Shekhar Ramamurthy (of
         UB) and Mr. Shalabh Seth (of SABMiller)."

242.In his statement, Mr. Shekhar Ramamurthy of OP-1 stated that "Some of the names from
    competitor companies with whom I personally interacted - Mr. Paolo Lanzarotti, Mr.
    Chris White, Mr. Michael Jensen, Mr. Shalabh Seth and Mr. Pawan Jagetia ..."

243.OP-4 has also categorically named Mr. Michael Jensen as one of the individuals involved
    on its behalf in the cartelisation conduct, in its lesser penalty application. In his
    objections/suggestions to the DG Report as well as during the oral hearing, Mr. Michael
    Jensen has also not disputed the findings of the DG against him. However, he has
    submitted that (i) in relation to co-ordination on pricing in West Bengal in 2012, he was
    merely a consultant at OP-4 during this period, and had no Authority to make any key
    decisions at OP-4; (ii) with respect to anti-competitive conduct in the State of Rajasthan,
    there has been no AAEC as the entire e-mail evidence relied on by the DG to find a
    violation in Rajasthan relates to a period between 2015 and 2016; however, since 2015
    till recently in 2019, the Beer companies did not get any price increase based on a price
    increase request made by them. All price increases have been a result of changes in the
    tax structure in Rajasthan only; and (iii) with respect to Delhi, Mr. Jensen had no role in
    the discussions and he did not participate in any interactions with competitors. He was
    only CC'd in the e-mails exchanged. In any event, there was no implementation in Delhi
    as the Delhi Government did not accept the price increase request.




Suo Motu Case No. 06 of 2017                                                                 207
 244.The Commission notes that the objections taken by Mr. Jensen with respect to the State
    of West Bengal do not hold good as his designation in OP-4 while being a part of the
    anti-competitive activity is not relevant for the purposes of Section 48(2) of the Act.
    Regarding the objections taken qua State of Rajasthan, it is noted that the Commission
    has already dealt with the AAEC aspect in the State of Rajasthan above where analysis
    for the said State has been made. As far as objections in respect of Delhi are concerned,
    it is noted that Mr. Jensen was not merely CC'd but rather the addressee/recipient of
    multiple e-mails dated 11.05.2012. Further, the implementation aspect with respect to
    Delhi also has already dealt with above where analysis for the said State has been made.

245.As such, the Commission holds Mr. Michael Jensen guilty in terms of Section 48(1) of
    the Act being the former Managing Director of OP-4 and as such, in-charge of and
    responsible to OP-4 for the conduct of its business, as well as under Section 48(2) of the
    Act having played an active role in the cartel conduct.

246.The third individual found liable by the DG under Section 48(1) of the Act is Mr. Nilesh
    Patel, Managing Director (de facto) since May 2017.

247.The Commission notes that Mr. Nilesh Patel was the sender and recipient of multiple e-
    mails including e-mails dated 17.01.2018, 19.01.2018 and 15.02.2018 extracted above
    with respect to cartelisation in the States of Maharashtra and West Bengal. Though such
    e-mails were mostly internal e-mails of OP-4, nonetheless, the same show the knowledge
    of Mr. Nilesh Patel about the anti-competitive conduct of OP-4.

248.In his statement, Mr. Shalabh Seth of OP-3, has named Mr. Nilesh Patel as one of the
    persons of OP-4 who had anti-competitive contacts with his counterparts from OP-1 and
    OP-3.

249.OP-4 has also categorically named Mr. Nilesh Patel as one of the individuals involved on
    its behalf in the cartelisation conduct, in its lesser penalty application.

250.In his objections/suggestions to the DG Report, Mr. Patel has submitted that he was
    appointed as the Managing Director of OP-4 only from 26.04.2018, and therefore, had no
    executive decision-making role/responsibility at OP-4 prior to this date. Prior to this, Mr.
    Patel was not involved in handling the day-to-day affairs of OP-4 and was not taking any


Suo Motu Case No. 06 of 2017                                                                208
     key decisions. On 05.05.2017, Mr. Patel was nominated by Carlsberg Breweries A/S as a
    Director at OP-4 Board. Therefore, his involvement in the functioning of OP-4 (until
    26.04.2018) was as Asia region support and very limited, and he did not have any
    executive authority. As such, the evidence relied upon by the DG to find Mr. Patel liable,
    which pertains to the period prior to him being appointed as the Managing Director of
    OP-4, i.e., before 26.04.2018, cannot be relied upon and post this date, OP-4 has not
    engaged in any anti-competitive conduct. It was only out of abundant caution that Mr.
    Patel was named as one of the persons for whom OP-4 sought lesser penalty under the
    lesser penalty application filed by it.

251.In this regard, the Commission notes the submission of Mr. Pawan Jagetia of OP-4, who
    has submitted that Mr. Nilesh Patel was, in fact, the de facto Managing Director of OP-4
    from May 2017 onwards, without OP-4's Board approval. Such submission of Mr.
    Jagetia, coupled with the e-mail communications sent/received by Mr. Nilesh Patel,
    categorically show Mr. Patel's knowledge, if not involvement, of the anti-competitive
    conduct of OP-4 prior to 26.04.2018.

252.With regard to the deposition of Mr. Shalabh Seth of OP-3, Mr. Patel has submitted that
    he has never met and does not know Mr. Shalabh Seth. He had never interacted with Mr.
    Seth, and there is no evidence indicating that there was any communication between
    them. Therefore, Mr. Seth's deposition against Mr. Patel should not be considered.

253.In this regard, the Commission notes that even if the statement of Mr. Shalabh Seth of
    OP-3 of having anti-competitive contacts with Mr. Nilesh Patel is disregarded by the
    Commission, yet the fact of Mr. Nilesh Patel being the de facto, if not de jure, Managing
    Director of OP-4 since 2017, coupled with the e-mail communications sent/received by
    him, show his knowledge of the anti-competitive conduct of OP-4. His submission that
    his name was mentioned in the lesser penalty application filed by OP-4 only by way of
    abundant caution, cannot be accepted.

254.As such, being the de facto Managing Director if OP-4, and thereby in-charge of and
    responsible to OP-4 for the conduct of its business since May 2017, the Commission
    holds Mr. Nilesh Patel liable in terms of Section 48(1) of the Act for the anti-competitive
    conduct of OP-4.


Suo Motu Case No. 06 of 2017                                                               209
 255.The fourth individual found liable by the DG under Section 48(2) of the Act is Mr.
    Pawan Jagetia, Former Deputy Managing Director from September 2014 till March
    2018.

256.The Commission notes that with respect to Mr. Pawan Jagetia, the only evidence placed
    on record by the DG is the internal e-mail dated 15.02.2018 of OP-4 extracted above
    with respect to cartelisation in the State of West Bengal in which Mr. Jagetia was the
    sender. In this e-mail, Mr. Pawan Jagetia advises Mr. Nilesh Patel of OP-4 to hold off
    registration of brands of OP-4 for sometime. Apart from the above, there is no other
    evidence which may show the involvement of Mr. Pawan Jagetia in the anti-competitive
    conduct of OP-4. As such, in the opinion of the Commission, for lack of evidences, Mr.
    Pawan Jagetia cannot be held liable in terms of Section 48(2) of the Act for the anti-
    competitive conduct of OP-4.

257.However, the Commission notes that Mr. Nilesh Patel of OP-4 has stated that though he
    has no knowledge of division of responsibility or interaction between Mr. Michael
    Jensen, the Managing Director at the time and Mr. Pawan Jagetia, the deputy Managing
    Director, the "day to day pricing issues are discussed with Director Marketing &
    Director Sales with key inputs from partner representative Shri Pawan Jagetia."

258.Further, Mr. Shekhar Ramamurthy of OP-1 also admitted to have had personal
    interactions, inter alia, with Mr. Pawan Jagetia including a WhatsApp chat in January
    2018 about the repercussions of new West Bengal Liquor Policy on their respective
    companies' beer prices. Mr. Pawan Jagetia, though denied having any discussion on cost
    cards for price revision issues with MR. Ramamurthy, has admitted to have had
    communications with Mr. Shekhar Ramamurthy on tax changes which impacted
    production and supply, besides few communications about litigation against prohibition
    in Bihar. The denial of Mr. Pawan Jagetia to have exchanged any price related
    information with Mr. Shekhar Ramamurthy has not been found by the DG to be tenable,
    as he had admitted to have received the 'Wish List' for West Bengal Excise Policy which
    included some discussion on pricing issues. OP-4 also, in its reply before the DG, stated
    that Mr. Pawan Jagetia shared the overall responsibility of management and affairs of the
    company on day-to-day basis with Mr. Michael Jensen during his tenure in the company.



Suo Motu Case No. 06 of 2017                                                             210
 259.In his objections/suggestions to the DG Report, Mr. Pawan Jagetia has stated that he was
    not involved in the pricing decisions of OP-4. Rather, as Deputy Managing Director of
    OP-4, he was only in-charge of supply chain and business development. This is also
    evident from the employment contract and organisational structure of OP-4.

260.Mr. Jagetia has submitted that his ability to reply to the DG Report and defend himself is
    seriously limited by the lack of information in his professional e-mail account, which
    OP-4, citing false reasons, has refused to supply to him. The same, if available, would
    show that no pricing related decisions were taken by Mr. Jagetia.

261.Further, Mr. Jagetia has stated that the statements relied upon by the DG against him are
    of two interested witnesses viz., Mr. Nilesh Patel and Mr. Michael Jensen. On the
    contrary, the evidence on record shows that Mr. Michael Jensen, Managing Director was
    the sole Authority taking all decisions relating to pricing.

262.In the view of the Commission, even if the above submission of Mr. Jagetia of him not
    being involved in price fixing is accepted, in the present matter, OP-4 was involved in
    cartelisation not only by means of price fixing, but also by way of limiting supplies,
    specifically in the State of West Bengal, with respect to which, internal e-mail dated
    15.02.2018 was CC'd to Mr. Jagetia. Further, the Commission notes that though Mr.
    Jagetia refers to Mr. Nilesh Patel and Mr. Michael Jensen as interested witnesses, it is not
    clear as to what interest would they have in pointing fingers at Mr. Jagetia if he was not
    involved.

263.As such, the Commission finds Mr. Pawan Jagetia guilty in terms of Section 48(1) of the
    Act on behalf of OP-4.

264.The fifth individual found liable by the DG under Section 48(2) of the Act is Mr. Dhiraj
    Kapur, Vice President Corporate Affairs.

265.The Commission notes that Mr. Dhiraj Kapur was the sender and recipient of multiple e-
    mails including e-mails dated 01.08.2013, 07.08.2013, 17.04.2015, 20.04.2015,
    22.04.2015 and 28.10.2016 extracted above with respect to cartelisation in the
    States/UTs of Delhi, Odisha, Rajasthan, West Bengal.




Suo Motu Case No. 06 of 2017                                                                211
 266.OP-4 has also categorically named Mr. Dhiraj Kapur as one of the individuals involved
    on its behalf in the cartelisation conduct, in its lesser penalty application. In his
    objections/suggestions to the DG Report as well as during the oral hearing, Mr. Dhiraj
    Kapur has not disputed the findings of the DG against him. He has rather submitted with
    respect to fixation of EBP and MRP, that his role, as the Vice-President-Corporate
    Affairs, was limited to co-ordinating with OP-5 and Government agencies for seeking
    price revisions and favourable policy decisions. However, he has made submissions
    similar to those made by Mr. Michael Jensen, with respect to cartelisation in the States of
    West Bengal, Rajasthan and Delhi.

267.The Commission has already addressed such submissions above while fixing liability of
    Mr. Michael Jensen. Further, the communications between Mr. Dhiraj Kapur and Mr.
    Sovan Roy of OP-5 are self-explanatory.

268.As such, the Commission holds Mr. Dhiraj Kapur guilty in terms of Section 48(2) of the
    Act on behalf of OP-4.

269.The sixth individual found liable by the DG under Section 48 of the Act is Mr. Anil
    Bahl, Vice President Mont and Premium Business since 2018 and Former Sales
    Director/Sales Head/Vice President Sales from 2009-10 till 2017-18.

270.The Commission notes that Mr. Anil Bahl was the sender and recipient of multiple e-
    mails including e-mails dated 13.04.2012, 15.04.2012, 02.05.2012, 11.05.2012,
    20.01.2015, 23.03.2015, 20.02.2017, 21.02.2017, 17.01.2018 and 15.02.2018 extracted
    above with respect to cartelisation in the States/UTs of Delhi, Karnataka, West Bengal,
    Maharashtra, Odisha and Puducherry.

271.In September, 2016, Mr. Anil Bahl also had a WhatsApp chat with Mr. Nilojit Guha of
    OP-3, exchanging business sensitive information, as extracted below:




Suo Motu Case No. 06 of 2017                                                               212
 272.In his deposition on oath before the DG, Mr. Michael Jensen of OP-4 stated as under:

         "There had been cases where part of the management had been exchanging
         price information with competitors, for example in 2012 and 2015 in West
         Bengal. .... Mr. Anil Bahl would be one such person who would himself contact
         or approve such contacts with the competitors."
         "... There had been cases where part of the management had been exchanging
         price information with competitors, for example in 2012 and 2015 in West
         Bengal. I understand that Mr. Anil Bahl would be one such person who would
         himself contact or approve such contacts with the competition. Mr. Anil Bahl
         had interactions with his counterparts in primarily UB and SABMiller.
         Corporate Affairs personnel from these competitor companies were regularly in
         contact on these issues ..."

273.Further, Mr. Kiran Kumar of OP-1 also admitted to have had interactions regarding
    pricing and other issues, inter alia, with Mr. Anil Bahl and Mr. Shalabh Seth of OP-3
    also stated that his "... discussions on pricing, EBP and discounts were mostly with Mr.
    Kiran Kumar (from UB) and Mr. Anil Bahl (from Carlsberg)."




Suo Motu Case No. 06 of 2017                                                               213
 274.OP-4 has also categorically named Mr. Anil Bahl as one of the individuals involved on
    its behalf in the cartelisation conduct, in its lesser penalty application. Additionally, OP-
    4, in its response to a DG notice, also stated that "CIPL and UB, and potentially UB and
    SAB would discuss among themselves to confirm the proposed price increases. These
    discussions would take place over the phone and sometimes in person between Mr. Anil
    Bahl and Mr. Kiran Kumar. Initially, Mr. Anil Bahl did not have a direct contact with
    SAB for West Bengal ... coordination was SAB was done by UB. Later on, in 2015, Mr.
    Anil Bahl also had contact with Mr. Shalabh Seth from SAB".

275.In his objections/suggestions to the DG Report as well as during the oral hearing, Mr.
    Anil Bahl has not disputed the findings of the DG against him.

276.As such, the Commission holds Mr. Anil Bahl guilty in terms of Section 48(2) of the Act
    on behalf of OP-4.

277.The last individual found liable by the DG under Section 48 of the Act is Mr. Mahesh
    Kanchan, Former Vice President Marketing (Head Marketing) from 2014-15 till 2018-
    19.

278.The Commission notes that Mr. Mahesh Kanchan was the sender and recipient of
    multiple e-mails including internal e-mails dated 17.01.2018, 19.01.2018 and 05.02.2018
    extracted above with respect to cartelisation in the States of Maharashtra and West
    Bengal.

279.Further, Mr. Kiran Kumar of OP-1 had also admitted to have had discussions with Mr.
    Mahesh Kanchan regarding basic price and MRP in Delhi and Rajasthan.

280.In his objections/suggestions to the DG Report as well as during the oral hearing, Mr.
    Kanchan has not disputed the findings of the DG against him. He has only submitted that
    during his employment at OP-4, he did not participate in any meetings with his
    counterparts in any manner to fix prices or curtailing supplies and he did not attend any
    OP-5 meetings. As such, the evidence relied on by the DG does not show his
    involvement in the cartel in any manner. He has also submitted that he had no decisive
    role in either the decision of OP-4 to curtail or resume supplies in the States of West
    Bengal or Maharashtra. With respect to sharing of information regarding market share,


Suo Motu Case No. 06 of 2017                                                                 214
     the DG has erred in concluding that OP-4 was privy to sales volumes of its competitors
    for it to be able to ascertain their market shares. Market share information is (i) estimated
    market share, (ii) available in the industry through market intelligence, and (iii) not
    indicative of collusion by any means. For Corporation States, the respective State
    Beverage Corporation owned by the Government itself publishes the market shares of all
    players. As such, e-mail exchange in this regard is not in violation of the provisions of
    the Act.

281.In this regard, the Commission notes that even if direct participation of Mr. Kanchan in
    exchange of information by OP-4 is not evidenced by the DG, the statement of Mr. Kiran
    Kumar of OP-1 clearly implicates Mr. Mahesh Kanchan in the anti-competitive activities
    of OP-4 in the States of Delhi, Rajasthan and West Bengal.

282.As such, the Commission holds Mr. Mahesh Kanchan guilty in terms of Section 48(2) of
    the Act on behalf of OP-4.

    All India Brewers' Association

283.For the anti-competitive conduct of OP-5, the DG has found Mr. Sovan Roy (alias Mr.
    Shobhan Roy), Director General of OP-5 since 07.01.2013, liable in terms of Section 48
    of the Act.

284.The DG has noted that Mr. Sovan Roy, as the Director General of OP-5, passed on vital
    information amongst the OPs regarding each other's pricing decisions. During his tenure,
    anti-competitive decisions were taken in the meetings of OP-5, and Mr. Roy was active
    in approaching the State Governments seeking price revisions on behalf of the members
    of OP-5. As such, he has been found liable by the DG in terms of Section 48 of the Act.

285.In this regard, the Commission notes that in the preceding paragraphs, numerous e-mails
    exchanged by Mr. Sovan Roy, especially with respect to the States of Delhi, Odisha,
    Rajasthan, West Bengal, have been extracted. From such e-mails, the active role of Mr.
    Roy, in allowing OP-5 to be used as a platform for promoting anti-competitive activities
    between OP-1, OP- and OP-4, is clearly visible. Further, being the Director General of
    OP-5, Mr. Roy was also in-charge of and responsible to OP-5, for the conduct of its
    business, since 2013.


Suo Motu Case No. 06 of 2017                                                                 215
 286.The submission of Mr. Roy that discussions have taken place on the platform of OP-5
    under the belief that conduct of collective representation does not violate the provisions
    of the Act, does not hold much water as it is res integra that ignorantia juris non excusat.
    Further, the submission of Mr. Roy that he is a paid employee of OP-5 and does not
    stand to gain by any direct or indirect violation of the law also does not hold good as
    personal gains need not be the sole motive of an individual to engage into an anti-
    competitive activity.

287.As such, the Commission finds Mr. Sovan Roy liable in terms of the provisions of
    Section 48(1) as well as Section 48(2) of the Act, for the anti-competitive conduct of OP-
    5.

    Conclusion

288.The Commission, hence, holds OP-1 and OP-3 guilty of contravention of the provisions
    of Section 3(3)(a), 3(3)(b) and 3(3)(c) read with 3(1) of the Act from 2009 to at least
    October 2018. Further, the Commission holds OP-4 guilty of contravention of the
    provisions of Section 3(3)(a), 3(3)(b) and 3(3)(c) read with 3(1) of the Act from 2012 to
    at least October 2018 and OP-5 guilty of contravention of the provisions of Section
    3(3)(a) and 3(3)(b) read with 3(1) of the Act from 2013 to at least October 2018.
    However, no contravention is found against OP-2.

289.As far as individuals' liability is concerned, the Commission holds the following
    individuals liable for the anti-competitive conduct of their respective companies:

                                               OP-1
    1.   Mr. Kalyan Ganguly, Former Managing Director from 2009 till July 2015           48 (1)
         Mr. Shekhar Ramamurthy, Managing Director since 01.08.2015, Former
    2.   Joint President from September 2012 till July 2015 and Former Deputy            48 (1)
         President from October 2007 till August 2012
         Mr. Kiran Kumar, Chief Sales Officer since 28.08.2017, Former Executive
    3.   Vice President Sales from July 2014 till June 2017 and Former Senior Vice       48 (2)
         President Sales from July 2009 till June 2014
    4.   Mr. Perry Goes, Head of Strategic Planning & Analytics till 28.08.2017          48 (2)
                                               OP-3
         Mr. Shalabh Seth, Former Managing Director from January 2015 till
    5.                                                                                   48 (1)
         31.10.2016, Former Sales Director from April 2012 till 2014 and Former


Suo Motu Case No. 06 of 2017                                                                216
           Director Supply Chain from 2009 till March 2012
          (Is presently working as Chief Supply Chain Officer of OP-1)
          Mr. Nilojit Guha, Former Sales Director from January 2015 till 15.11.2016
    6.    and Former Vice President Sales Control from May 2011 till December 48 (2)
          2014
          Mr. Suryanarayana Diwakaran, Former Vice President Sales till
    7.    15.11.2016, Former Vice President Sales South from May 2011 till 2016 48 (2)
          and Former General Manager Sales South from 2009 till April 2011
          Mr. Anil Arya, Former Director Solutions Business Unit India from June
          2017 till 15.10.2018, Former Vice President Financial Control from
          October 2014 till May 2017, Former General Manager Operations Finance
    8.                                                                                 48 (2)
          from August 2012 till September 2014, Former General Manager Decision
          Support Sales from May 2011 till July 2012 and Former Head Decision
          Support Sales from 2009 till April 2011
                                               OP-4
          Mr. Michael Norgaard Jensen, Former Managing Director from April 2014
    9.    till April 2017 and Former Deputy Managing Director from June 2013 till 48 (1)
          March 2014
    10.   Mr. Nilesh Patel, Managing Director since May 2017                           48 (1)
          Mr. Pawan Jagetia, Former Deputy Managing Director from September
    11.                                                                                48 (1)
          2014 till March 2018
    12.   Mr. Dhiraj Kapur, Vice President Corporate Affairs                           48 (2)
          Mr. Anil Bahl, Vice President Mont and Premium Business since 2018 and
    13.   Former Sales Director/Sales Head/Vice President Sales from 2009-10 till 48 (2)
          2017-18
          Mr. Mahesh Kanchan, Former Vice President Marketing (Head Marketing)
    14.                                                                                48 (2)
          from 2014-15 till 2018-19
                                               OP-5
    15.   Mr. Sovan Roy, Director General since 07.01.2013                   48 (1) and 48 (2)

    Penalty and lesser penalty:

290.Once contravention of the provisions of the Act has been established, the Commission
    now proceeds to determine the penalty, if any, to be imposed upon the contravening
    parties, under the provisions of Section 27(b) of the Act.

291.The parties have argued various mitigating factors with respect to imposition of penalty
    upon them. The same include the following:

   (a) True driver of price revisions was the State Governments/Corporations and not the
          brewers. The requirement of State Governments to not entertain individual


Suo Motu Case No. 06 of 2017                                                               217
         representations by a specific Beer company on industry issues rendered it necessary
        for Beer companies to make representations collectively and/or through OP-5. Co-
        ordination was not undertaken with any intent to capitalise on consumers but with a
        limited purpose to preserve already marginalised profits, and in some instances, to
        merely recover costs.

   (b) Instances of interaction were sporadic and limited only to certain states.

   (c) There has been no AAEC and no harm to consumers. Information exchange did not
        have any effect on the approved EBPs since the relevant State Governments decided
        not to allow the increase, in some instances, year after year, nor did the State
        Governments allow reductions in EBP.

   (d) Co-ordination in supply disruptions was only to convince State Departments to not
        increase Excise duties unreasonably.

   (e) Information exchange and communication regarding premium institutions and buy-
        back prices of second-hand bottles were never implemented.

   (f) Beer market was characterised by intense volume-based competition amongst the
        OPs.

   (g) OPs are first-time offenders of competition law.

   (h) Beer industry in India has been severely impacted by global COVID-19 pandemic,
        and subsequent lockdown announcements and social distancing norms. Sales have
        reduced and duties increased. As such, imposition of penalty would have far-reaching
        consequences on the highly constrained Beer industry.

292.Further, it has been argued by OP-1 and OP-4 that penalty, if any, ought to be imposed
    on the basis of principle of proportionality and relevancy of infringement to the
    turnover/profit from the cartel, as envisaged by the Hon'ble Supreme Court in Excel
    Crop Care Limited v. Competition Commission of India and Another (2017) 8 SCC 47.
    The Commission should consider turnover or profits (as applicable) from the sale of Beer
    only in the States affected by the OPs' conduct. The Commission should also not
    consider entire time period, i.e., FY 2009-10 to FY 2018-19 as cartel period, and should
    rather consider the actual duration of discussions in relevant States as the evidence on
    record clearly establishes that discussions were not continuous in nature.


Suo Motu Case No. 06 of 2017                                                            218
 293.With regard to such argument raised by the OPs, the Commission observes that the
    principle of proportionality envisaged in the Excel Crop Care Ltd. judgment by the
    Hon'ble Supreme Court is only in the context of taking 'relevant turnover' rather than
    'total turnover' of multi-product companies. It cannot be construed from the said
    decision of the Hon'ble Supreme Court that if a cartel meeting takes place only for a day,
    or there are instances of e-mail communications only one day in a month, relevant
    turnover would be the turnover only from those isolated days. Further, nowhere has the
    Hon'ble Supreme Court expressed that relevant turnover should be limited to the
    turnover earned from the specific geographic regions in which the effect of the anti-
    competitive conduct takes place. Be that as it may, in the present case, the Commission
    has arrived at a finding that there existed a nation-wide cartel amongst the OPs from
    2009 to at least 10-11.10.2018 (with OP-4 joining from 2012). As such, the 'relevant
    turnover/profit' of the OPs would be the turnover/profit earned by the OPs from the sale
    and purchase of Beer and ancillary products (like Beer bottles) in India during the cartel
    period.

294.The proviso to Section 27(b) of the Act, reads as under:

         "Provided that in case any agreement referred to in Section 3 has been entered
         into by a cartel, the Commission may impose upon each producer, seller,
         distributor, trader or service provider included in that cartel, a penalty of up to
         three times of its profit for each year of the continuance of such agreement or
         ten percent. of its turnover for each year of the continuance of such agreement,
         whichever is higher."

295.As such, in terms of the said proviso, in cases of cartelisation, the Commission is
    empowered to impose upon the contravening entities, penalty of up to three times of its
    profit for each year of the continuance of the cartel, or 10% of its turnover for each year
    of the continuance of the cartel, whichever is higher.

296.Based on revenue and profit details arising from the sale of beer in India certified by a
    Chartered Accountant as provided by OP-1 and OP-4, and based on the financial
    statements provided by OP-3 (as it stated that its entire turnover and profit as stated in
    the financial statements arises from the sale of beer in India), and considering the
    mitigating factors put forth by the OPs as stated above, the Commission proceeds to



Suo Motu Case No. 06 of 2017                                                                   219
       determine the quantum of penalty imposed on the parties @ 0.5 times profit for each year
      of the continuance of the cartel or 2% of the turnover for each year of the continuance of
      the cartel, whichever is higher. Calculation of the same is as follows:
                                                    OP-1
                                                                                                   (In ₹)
                                                                    2% OF              0.5 TIMES OF
    FINANCIAL         RELEVANT               RELEVANT
                                                                 RELEVANT               RELEVANT
       YEAR           TURNOVER                PROFIT
                                                                 TURNOVER                  PROFIT
     2009-101        15,59,22,51,452         65,89,10,959         31,18,45,029           32,94,55,479
     2010-11         28,07,86,55,000        1,44,10,99,000        56,15,73,100           72,05,49,500
     2011-12         33,56,19,86,000        1,22,13,03,000        67,12,39,720           61,06,51,500
     2012-13         34,92,68,82,000        1,92,37,53,000        69,85,37,640           96,18,76,500
     2013-14         37,26,79,83,000        2,58,63,29,000        74,53,59,660          1,29,31,64,500
     2014-15         41,13,82,10,000        2,77,46,09,000        82,27,64,200          1,38,73,04,500
     2015-16         44,95,98,92,000        3,53,46,63,000        89,91,97,840          1,76,73,31,500
     2016-17         41,78,64,83,000        2,17,86,18,000        83,57,29,660          1,08,93,09,000
     2017-18         50,35,81,19,000        4,77,54,39,000       1,00,71,62,380         2,38,77,19,500
     2018-192        30,98,02,49,425        3,96,63,71,770        61,96,04,988          1,98,31,85,885
       Total        3,58,65,07,10,877      25,06,10,95,729       7,17,30,14,218        12,53,05,47,864
                                                    OP-3
                                                                                                   (In ₹)
                                                                       2% OF              0.5 TIMES OF
    FINANCIAL         RELEVANT                RELEVANT
                                                                    RELEVANT               RELEVANT
       YEAR           TURNOVER                 PROFIT
                                                                    TURNOVER                 PROFIT
     2009-103        10,93,35,25,320         -1,22,75,76,970       21,86,70,506.41       -61,37,88,484.87
     2010-11         14,61,53,80,778          -60,36,39,271         29,23,07,616           -30,18,19,636
     2011-12         16,66,28,51,733         -1,19,25,85,323        33,32,57,035           -59,62,92,662
     2012-13         19,96,52,54,036          -88,34,95,656         39,93,05,081           -44,17,47,828
     2013-14         19,20,22,97,023          -99,73,11,593         38,40,45,940           -49,86,55,797
     2014-15         19,39,69,87,494         -1,27,35,88,070        38,79,39,750           -63,67,94,035
     2015-16         20,87,70,95,681          -47,36,52,285         41,75,41,914           -23,68,26,143


1
  For 315 out of 365 days. Relevant turnover for FY 2009-10 is ₹18,06,72,12,000 and relevant profit is
₹76,35,00,000.
2
  For 192 out of 365 days. Relevant turnover for FY 2018-19 is ₹58,89,47,45,000 and relevant profit is
₹7,54,02,38,000.
3
  For 315 out of 365 days. Relevant turnover for FY 2009-10 is ₹ 12,66,90,05,530 and relevant profit is ₹-
1,42,24,30,457.


Suo Motu Case No. 06 of 2017                                                                          220
                                                                           2% OF               0.5 TIMES OF
    FINANCIAL          RELEVANT                 RELEVANT
                                                                       RELEVANT                RELEVANT
       YEAR            TURNOVER                  PROFIT
                                                                       TURNOVER                  PROFIT
     2016-17          16,17,95,10,000          -3,72,18,70,000          32,35,90,200          -1,86,09,35,000
     2017-18          13,58,46,20,000           -98,68,80,000           27,16,92,400           -49,34,40,000
     2018-194          7,15,10,32,110          -1,60,20,69,041          14,30,20,642           -80,10,34,521
       Total         1,58,56,85,54,175        -12,96,26,68,209         3,17,13,71,084         -6,48,13,34,104
                                                      OP-4
                                                                                                       (In ₹)
                                                                         2% OF              0.5 TIMES OF
    FINANCIAL          RELEVANT                RELEVANT
                                                                      RELEVANT               RELEVANT
       YEAR            TURNOVER                 PROFIT
                                                                      TURNOVER                 PROFIT
       20095           79,77,27,273            -73,88,18,182          1,59,54,545.45         -36,94,09,091
       2010           1,91,10,00,000          -1,23,70,00,000          3,82,20,000           -61,85,00,000
       2011           3,02,80,00,000          -1,86,20,00,000          6,05,60,000           -93,10,00,000
       2012           4,31,60,00,000          -1,73,40,00,000          8,63,20,000           -86,70,00,000
    Jan 2013 to
                      6,98,30,00,000          -2,13,10,00,000          13,96,60,000         -1,06,55,00,000
     March 14
      2014-15          8,37,30,00,000         -2,32,90,00,000          16,74,60,000         -1,16,45,00,000
      2015-16         11,82,70,00,000         -1,48,50,00,000          23,65,40,000          -74,25,00,000
      2016-17         13,42,20,00,000         -1,67,00,00,000          26,84,40,000          -83,50,00,000
      2017-18         14,84,80,00,000         1,06,60,00,000           29,69,60,000           53,30,00,000
     2018-196          9,84,72,32,877          96,36,82,192            19,69,44,658           48,18,41,096
       Total          75,35,29,60,149        -11,15,71,35,990         1,50,70,59,203        -5,57,85,67,995

297.As can be seen from the above tables, for OP-1, 0.5 times profit for each year of the
      continuance of cartel is higher than 2% of turnover for each year of continuance of
      cartel; while for OP-3 and OP-4, 2% of turnover for each year of continuance of cartel is
      higher than 0.5 times profit for each year of continuance of cartel. As such, the
      Commission decides to impose upon OP-1 penalty @ 0.5 times of the profit for each
      year of continuance of the cartel, i.e., ₹12,53,05,47,864/- (Rupees One Thousand Two
      Hundred and Fifty Three Crores Five Lacs Forty Seven Thousand Eight Hundred and


4
  For 192 out of 365 days. Relevant turnover for FY 2018-19 is ₹13,59,44,10,000 and relevant profit is ₹-
3,04,56,00,000.
5
  For 225 out of 275 days. Relevant turnover for April to December 2009 is ₹97,50,00,000 and relevant profit is
₹-90,30,00,000.
6
  For 192 out of 365 days. Relevant turnover for FY 2018-19 is ₹18,72,00,00,000 and relevant profit is
₹1,83,20,00,000.


Suo Motu Case No. 06 of 2017                                                                               221
     Sixty Four Only) and upon OP-3 and OP-4, penalty @ 2% of their turnover for each year
    of continuance of cartel, i.e., ₹3,17,13,71,084/- (Rupees Three Hundred and Seventeen
    Crores Thirteen Lacs Seventy One Thousand Eighty Four Only) and ₹1,50,70,59,203/-
    (Rupees One Hundred and Fifty Crores Seventy Lacs Fifty Nine Thousand Two Hundred
    and Three Only), respectively.

298.As far as OP-5 is concerned, considering the role and conduct of OP-5 in the cartel
    conduct, the Commission decides to impose upon it, penalty @ 3% of the average of its
    turnover for the last three preceding financial years of the cartel, which is calculated on
    the basis of the income and expenditure accounts provided by OP-5, as follows:
                                               OP-5
                                                                                          (In ₹)
                               FINANCIAL YEAR          INCOME
                                    2016-17           3,62,84,983
                                    2017-18           1,68,09,500
                                    2018-19            94,18,155
                                     Total            6,25,12,638
                                   Average            2,08,37,546
                                 Penalty @ 3%           6,25,126

299.With regard to the individuals of the OPs also, the Commission decides to impose
    penalty @ 3% of the average of their incomes, for the last three preceding financial years
    of the cartel.

300.Though certain individuals who have left the employment of the OPs have submitted that
    penalty, if any, should be calculated for them, on the basis of the incomes derived by
    them from the respective OPs at the relevant time of the cartel conduct, the Commission
    is of the view that the intention behind imposition of penalty is only to punish the
    individuals for their cartel so as to create a deterrent effect. As such, the Commission
    imposes penalty uniformly on the individuals by taking their income details for the
    preceding three financial years, rather than relating the same to their respective period of
    cartel.




Suo Motu Case No. 06 of 2017                                                                222
 301.Regarding lesser penalty, it is noted by the Commission that OP-3 was the first lesser
    penalty applicant to approach the Commission. As such, it is eligible for up to 100%
    reduction in the penalty amount imposed upon it. It is noted by the Commission that the
    order passed under Section 26(1) of the Act by the Commission was based on the
    disclosures made by OP-3 in its lesser penalty application. At that stage, the Commission
    and/or the DG had no evidence in their possession regarding cartelisation between the
    OPs. In its lesser penalty application, OP-3 explained the nature and modus operandi of
    the cartel and explained the market structure of Beer industry and the different models
    being followed in various States apart from submitting evidences with regard to
    exchange of e-mail communications between the key managerial personnel of the OPs.
    The information and co-operation extended by OP-3 enabled the DG to conduct search
    and seizure operation at the premises of the OPs and seize quality evidence. Full and true
    disclosures of information and evidence and continuous co-operation provided by OP-3
    and its individuals, not only enabled the Commission to order investigation into the
    matter, but also helped the Commission in establishing contravention of the provisions of
    Section 3(3) of the Act by the OPs. OP-3 and its individuals extended genuine, full,
    continuous and expeditious co-operation not only during the course of investigation
    before the DG, but also during the subsequent proceedings before the Commission. Mr.
    Shalabh Seth also approached the Commission independently as a lesser penalty
    applicant, and was granted the same marker status as afforded to OP-3. As such, the
    Commission decides to grant to OP-3 and its individuals found liable in terms of Section
    48 of the Act viz. Mr. Shalabh Seth, Mr. Nilojit Guha, Mr. Suryanarayana Diwakaran and
    Mr. Anil Arya, 100% reduction in the penalty amount imposed upon them.

302.The second lesser penalty applicant before the Commission was OP-1. As the second
    applicant, OP-1 is eligible for up to 50% reduction in the penalty amount imposed upon
    it. The Commission notes that OP-1 had filed the lesser penalty application on behalf of
    itself and its individuals viz. Mr. Shekhar Ramamurthy, Mr. Kiran Kumar, Mr. Shalabh
    Seth and Mr. Perry Goes. Being the second lesser penalty applicant in the matter, OP-1
    and its 3 individuals (excluding Mr. Shalabh Seth who has been found liable for the
    conduct of OP-3) are eligible for reduction in penalty up to 50% of the full penalty
    leviable.



Suo Motu Case No. 06 of 2017                                                              223
 303.The Commission notes that OP-1 and its individuals had filed the lesser penalty
    application after the DG had conducted the search and seizure operations on 10-
    11.10.2018. By this time, from the lesser penalty application filed by OP-3, and from the
    Dawn Raid, the DG already had the bulk of evidence on the basis of which cartelisation
    in the present matter has been established. In its lesser penalty application, OP-1 made
    disclosures about discussions and co-ordination between OP-1 and its competitors, inter
    alia, in relation to (i) prospective price increases applied for by the OPs before various
    State/UTs Authorities like Madhya Pradesh, Chhattisgarh, Andhra Pradesh, Telangana,
    Rajasthan, Delhi, Maharashtra, Odisha, Karnataka and Puducherry; (ii) basic prices for
    procuring old/used patent bottles; (iii) limiting/stopping the supply of Beer for limited
    period in certain States like Odisha, Maharashtra, Rajasthan, West Bengal and Andhra
    Pradesh; and (iv) discussions on proposed financial and other incentives to premium
    institutions. Though much of such evidence was already in possession of the DG by the
    time OP-1 came forward with the same, some evidence submitted by OP-1 has been used
    by the Commission above to form a complete trail evidencing anti-competitive conduct
    of the OPs, especially in relating to co-ordination in respect of premium institutions in
    Bengaluru, Karnataka and with respect to purchase of old/used bottles. Further, the
    pricing data furnished by OP-1 during the course of investigation enabled the DG and the
    Commission to tabulate the MRP and EBP revisions effected by the OPs over a number
    of years, which has helped in mapping price parallelism in respect of Beer sold by the
    OPs. Moreover, from the lesser penalty application filed by Mr. Steven Bosch, it is noted
    that OP-1 was contemplating to file a lesser penalty application even before the Dawn
    Raid was conducted.

304.As such, given the stage at which OP-1 came forward with the disclosures, the quality of
    information provided by OP-1, the evidence already in possession of the DG at that time,
    and the entire facts and circumstances of the present case, the Commission decides to
    grant to OP-1, Mr. Shekhar Ramamurthy, Mr. Kiran Kumar and Mr. Perry Goes,
    reduction in penalty to the tune of 40% of the total penalty leviable.

305.The third lesser penalty applicant before the Commission was OP-4. OP-4 has requested
    lesser penalty for itself and its individuals viz. Mr. Nilesh Patel, Mr. Michael Jensen, Mr.
    Dhiraj Kapur and Mr. Anil Bahl. The Commission notes that OP-4 had filed the lesser


Suo Motu Case No. 06 of 2017                                                                224
     penalty application after the DG had conducted the search and seizure operations on 10-
    11.10.2018. By this time, from the lesser penalty applications filed by OP-3 and OP-1,
    and from the Dawn Raid, the DG already had most of the evidence on the basis of which
    cartelisation in the present matter has been established. In its lesser penalty application,
    OP-4, while giving details of the cartel in the domestic Beer market, inter alia, explained
    the background of the Beer market in India and the market scenario. It explained the
    operation of the cartel and provided a list of the key persons of the OPs who were
    involved in the cartel. As evidence, it submitted printouts of e-mail communications
    between the OPs. Thereafter, during investigation, OP-4 also gave further evidence in the
    form of e-mail communications and WhatsApp communications between the employees
    of the OPs. Though most of the evidence submitted by OP-4 was already in possession of
    the DG by the time OP-4 came forward with the same, some evidence submitted by OP-4
    has been used by the Commission above to form a complete trail evidencing anti-
    competitive conduct of the OPs, as such providing value addition to the investigation of
    the DG. Further, the pricing data furnished by OP-4 during the course of investigation
    enabled the DG and the Commission to tabulate the MRP and EBP revisions effected by
    the OPs over a number of years, which has helped in mapping price parallelism in
    respect of Beer sold by the OPs.

306.As such, given the stage at which OP-4 came forward with the disclosures, the quality of
    information provided by OP-4, the evidence already in possession of the DG at that time,
    and the entire facts and circumstances of the present case, the Commission decides to
    grant to OP-4, Mr. Nilesh Patel, Mr. Michael Jensen, Mr. Dhiraj Kapur and Mr. Anil
    Bahl, reduction in penalty to the tune of 20% of the total penalty leviable.

307.Consequently, the penalty amounts imposed upon and payable by the OPs are as follows:

                                                                                         (In ₹)
          OP             Penalty Imposed            Penalty Payable after reduction
         OP-1             12,53,05,47,864                   7,51,83,28,719
         OP-3              3,17,13,71,084                         Nil
         OP-4              1,50,70,59,203                   1,20,56,47,362
         OP-5                 6,25,126                         6,25,126




Suo Motu Case No. 06 of 2017                                                                225
 308.As far as the individuals of the OPs are concerned, the penalty amounts calculated for
    them and payable by them are as follows:
                                               OP-1
                                                                                    (In ₹)
             S. NO.       PERSON            YEAR               INCOME
                                           2016-17             7,94,84,516
                                           2017-18             8,06,32,449
                                           2018-19            12,32,92,801
                         Mr. Shekhar
                1.                          Total             28,34,09,766
                         Ramamurthy
                                          Average              9,44,69,922
                                       Penalty Imposed          28,34,098
                                       Penalty Payable          17,00,459
                                           2016-17              61,98,067
                                           2017-18             1,66,25,453
                                           2018-19             2,67,62,253
                         Mr. Kalyan
                2.                          Total              4,95,85,773
                          Ganguly
                                          Average              1,65,28,591
                                       Penalty Imposed           4,95,858
                                       Penalty Payable           4,95,858
                                           2016-17             2,27,87,868
                                           2017-18             2,22,19,726
                                           2018-19             3,48,61,518
                          Mr. Kiran
                3.                          Total              7,98,69,112
                           Kumar
                                          Average              2,66,23,037
                                       Penalty Imposed           7,98,691
                                       Penalty Payable           4,79,215
                                           2016-17             1,51,89,911
                                           2017-18             1,40,80,765
                                           2018-19             2,22,93,770
                          Mr. Perry
                4.                          Total              5,15,64,446
                           Goes
                                          Average              1,71,88,149
                                       Penalty Imposed           5,15,644
                                       Penalty Payable           3,09,387




Suo Motu Case No. 06 of 2017                                                           226
                                              OP-3
                                                                         (In ₹)
             S. NO.       PERSON             YEAR          INCOME
                                            2016-17       19,90,50,236
                                            2017-18        3,46,13,322
                                            2018-19        3,85,83,506
                         Mr. Shalabh
                1.                           Total        27,22,47,064
                            Seth
                                           Average         9,07,49,021
                                        Penalty Imposed     27,22,471
                                        Penalty Payable         Nil
                                            2016-17        1,85,14,881
                                            2017-18         97,08,974
                                            2018-19        1,52,39,279
                2.      Mr. Anil Arya        Total         4,34,63,134
                                           Average         1,44,87,711
                                        Penalty Imposed      4,34,631
                                        Penalty Payable         Nil
                                            2016-17        4,93,46,941
                                            2017-18         32,05,602
                                            2018-19         93,53,889
                          Mr. Nilojit
                3.                           Total         6,19,06,432
                            Guha
                                           Average         2,06,35,477
                                        Penalty Imposed      6,19,064
                                        Penalty Payable         Nil
                                            2016-17        3,57,74,586
                                            2017-18         15,98,017
                             Mr.            2018-19         36,65,596
                4.      Suryanarayana        Total         4,10,38,199
                         Diwakaran         Average         1,36,79,400
                                        Penalty Imposed      4,10,382
                                        Penalty Payable         Nil




Suo Motu Case No. 06 of 2017                                               227
                                                       OP-4
                                                                                      (In ₹)
                   S. NO.     PERSON              YEAR                  INCOME
                                                 2016-17                1,33,90,744
                                                 2017-18                2,36,38,489
                                                 2018-19                2,07,04,492
                               Mr. Anil
                      1.                          Total                 5,77,33,725
                                Bahl
                                                Average                 1,92,44,575
                                             Penalty Imposed              5,77,337
                                             Penalty Payable              4,61,870
                                                 2016-17                1,53,61,813
                                                 2017-18                1,23,78,773
                                                 2018-19                 99,51,080
                              Mr. Dhiraj
                      2.                          Total                 3,76,91,666
                               Kapur
                                                Average                 1,25,63,889
                                             Penalty Imposed              3,76,917
                                             Penalty Payable              3,01,533
                                                 2016-17                1,74,03,961
                                                 2017-18                2,75,81,723
                                 Mr.             2018-19                2,26,37,907
                      3.       Mahesh             Total                 6,76,23,591
                               Kanchan          Average                 2,25,41,197
                                             Penalty Imposed              6,76,236
                                             Penalty Payable              5,40,989
                                                 2016-17                7,26,35,826
                                                 2017-18                4,58,25,868
                                Mr.              2018-19                 37,96,281
                      4.       Michael            Total                12,22,57,975
                               Jensen           Average                 4,07,52,658
                                             Penalty Imposed             12,22,580
                                             Penalty Payable              9,78,064
                                                  20167                 8,38,62,952
                                                  20175                 9,50,31,320
                                                 2018-19                3,94,75,513
                              Mr. Nilesh
                      5.                          Total                21,83,69,785
                                Patel
                                                Average                 7,27,89,928
                                             Penalty Imposed             21,83,698
                                             Penalty Payable             17,46,958

7
    Calendar Year. Converted from Singaporean $ to INR @ 1$ = ₹54.5.


Suo Motu Case No. 06 of 2017                                                            228
                  S. NO.      PERSON            YEAR                INCOME
                                              2016-17              2,31,15,080
                                              2017-18              4,06,28,798
                                              2018-19               14,50,906
                             Mr. Pawan
                    6                          Total               6,51,94,784
                              Jagetia
                                             Average               2,17,31,595
                                          Penalty Imposed            6,51,948
                                          Penalty Payable            6,51,948
                                                   OP-5
                                                                                         (In ₹)
                     S.
                               PERSON           YEAR               INCOME
                    NO.
                                               2016-17          48,28,758
                                               2017-18          54,89,295
                                 Mr.
                                               2018-19          68,15,622
                        1.      Sovan
                                                Total          1,71,33,675
                                 Roy
                                              Average           57,11,225
                                           Penalty Imposed       1,71,337

                                                  ORDER

309.The Commission, in terms of Section 27(a) of the Act, directs the parties to cease and desist in future from indulging in any practice/conduct/activity, which has been found in the present order to be in contravention of the provisions of Section 3 of the Act, as detailed in the earlier part of the present order.

310.Further, under the provisions of Section 27(b) of the Act, the Commission directs the following parties to pay the following amounts of penalty:

(In ₹) S. Amount of Name of Party Amount in Words No. Penalty Rupees Seven Hundred and Fifty One Crores United Breweries
1. 7,51,83,28,719 Eighty Three Lacs Twenty Eight Thousand Limited Seven Hundred and Nineteen Only SABMiller India
2. Limited (now Anheuser Nil Nil Busch InBev India Ltd.) Suo Motu Case No. 06 of 2017 229 S. Amount of Name of Party Amount in Words No. Penalty Rupees One Hundred and Twenty Crores Carlsberg India Private
3. 1,20,56,47,362 Fifty Six Lacs Forty Seven Thousand Three Limited Hundred and Sixty Two Only All India Brewers' Rupees Six Lacs Twenty Five Thousand One
4. 6,25,126 Association Hundred and Twenty Six Only Rupees Four Lacs Ninety Five Thousand
5. Mr. Kalyan Ganguly 4,95,858 Eight Hundred and Fifty Eight Only Mr. Shekhar Rupees Seventeen Lacs Four Hundred and
6. 17,00,459 Ramamurthy Fifty Nine Only Rupees Four Lacs Seventy Nine Thousand
7. Mr. Kiran Kumar 4,79,215 Two Hundred and Fifteen Only Rupees Three Lacs Nine Thousand Three
8. Mr. Perry Goes 3,09,387 Hundred and Eighty Seven Only
9. Mr. Shalabh Seth Nil Nil
10. Mr. Nilojit Guha Nil Nil Mr. Suryanarayana
11. Nil Nil Diwakaran
12. Mr. Anil Arya Nil Nil Mr. Michael Norgaard Rupees Nine Lacs Seventy Eight Thousand
13. 9,78,064 Jensen Sixty Four Only Rupees Seventeen Lacs Forty Six Thousand
14. Mr. Nilesh Patel 17,46,958 Nine Hundred and Fifty Eight Only Rupees Six Lacs Fifty One Thousand Nine
15. Mr. Pawan Jagetia 6,51,948 Hundred and Forty Eight Only Rupees Three Lacs One Thousand Five
16. Mr. Dhiraj Kapur 3,01,533 Hundred and Thirty Three Only Rupees Four Lacs Sixty One Thousand Eight
17. Mr. Anil Bahl 4,61,870 Hundred and Seventy Only Rupees Five Lacs Forty Thousand Nine
18. Mr. Mahesh Kanchan 5,40,989 Hundred and Eighty Nine Only Rupees One Lac Seventy One Thousand
19. Mr. Sovan Roy 1,71,337 Three Hundred and Thirty Seven Only

311.The parties mentioned in the table above are directed to deposit the respective penalty amounts within 60 days of the receipt of the present order.

312.It is made clear that all information used in the present order is for the purposes of the Act and as such, in terms of Section 57 of the Act, does not qualify for grant of confidential treatment.

Suo Motu Case No. 06 of 2017 230

313.The Secretary is directed to forward certified copy of the present order to the parties through their respective legal counsel, accordingly.

Sd/-

(Ashok Kumar Gupta) Chairperson Sd/-

(Sangeeta Verma) Member Sd/-

      New Delhi                                               (Bhagwant Singh Bishnoi)
      Date: 24.09.2021                                        Member




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