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Indian antitrust regulator conducts second-ever dawn raid in probe of cartel behavior

By Phoebe Seers ( August 25, 2016, 04:10 GMT | Insight) -- ​The Competition Commission of India has conducted its second-ever search-and-seize raid, MLex has learned. It is believed the raid occurred on Tuesday evening and lasted until 4 am Wednesday. At the moment, it is not clear which company was the target of the raid, although it is believed to be a fast-moving consumer goods company that is suspected of cartel behavior.The Competition Commission of India, or CCI, has conducted its second ever search-and-seize raid, MLex has learned. It is believed the raid occurred on Tuesday evening and lasted until 4 am Wednesday. At the moment, it is not clear which company was the target of the raid, although it is believed to be a fast-moving consumer goods company that is suspected of cartel behavior....

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