India's competition watchdog is investigating Pernod Ricard for allegedly colluding with some retailers in a southern state to hurt competitors, regulatory documents showed, the latest challenge for the French drinks giant in a key market. The Competition Commission of India (CCI) has been pursuing the matter actively since early this year after senior members reviewed the case filed by Pernod's Indian rival, Radico Khaitan, and found merit in its allegations, a source with direct knowledge said. The source added that CCI could summon Pernod or retailers, ask for documents or even conduct search and seizure operations in the case.
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