CCI Launches Probe into TASMAC's Alleged Beer Market Monopolization

The Competition Commission of India (CCI) is investigating TASMAC, Tamil Nadu's state-owned liquor retailer, for potentially restricting competition by favoring certain beer brands. The inquiry follows allegations that TASMAC has a monopoly in the state's beer market, limiting consumer choice and violating competition laws.

The Competition Commission of India (CCI) has initiated an investigation into Tamil Nadu State Marketing Corporation Ltd (TASMAC) amid allegations of market manipulation in the state's beer industry.

TASMAC, the sole liquor retailer in Tamil Nadu, is accused of favoring particular beer brands, potentially breaching Section 4 of the Competition Act, 2002, which addresses the abuse of dominant market positions.

The CCI has mandated that a report on the matter be submitted within 60 days, while reiterating that this preliminary order should not influence the impartiality of the investigation.

(With inputs from agencies.)