CCI raids offices of Glencore, Export Trading Group, Edelweiss group over probe into collusion on pulse prices
The Competition Commission of India has been investigating allegations that the companies formed a cartel to discuss the pricing of pulses while importing and selling them in the Indian market at higher prices in 2015 and 2016, when India faced an acute shortage.
Last Updated: March 17, 2019 | 08:29 IST
The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. Photo: Reuters