Scotland’s whiskey industry is reportedly considering legal action against several India-based imports that are allegedly sending over cheap blends at below market cost, posing unfair competition against “genuine” producers.
The Scotch Whiskey Association is urging the EU to take action against the matter, according to its 2013 annual report, which was released late last week
According to report, the Indian imports of the whiskey blends to not adhere to the stringent guidelines followed by the EU that determine what can be labeled as “whiskey.” The guidelines say the product must be below 94.8 percent volume and matured for at least three years in wood casks.
In contrast, there is no compulsory definition of whiskey in India,’ the report said, also slamming the imports as generally not stacking up to the EU’s guidelines.
The group is reportedly asking the European Commission and national regulators to investigate the matter.
Full content: Financial Express
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI