Silk Knot Cufflinks - Factory Store
silk knot cufflinks - Find item for fit your style, find new and fashion product for time limit of 60% discount and enjoy free shipping now! Shop Now.
MUMBAI (Reuters) - India’s antitrust watchdog raided the offices of three top beer companies on Thursday as part of an investigation of price-fixing allegations, three sources with direct knowledge of the matter told Reuters. Search and seizure operations were conducted at dawn by the Competition Commission of India (CCI) at the offices of India’s United Breweries (UBBW.NS), Denmark’s Carlsberg (CARLb.CO) and the world’s largest brewer Anheuser-Busch InBev (AB InBev) (ABI.BR) in at least two Indian cities, said the three people, including one government source and an industry source.
The regulator has been conducting an silk knot cufflinks antitrust investigation of the three companies for the past year, said a fourth source with direct knowledge of the inquiries, The CCI was tipped off by one of the three companies after it filed a leniency application with the regulator, revealing details of the alleged price fixing, he added, The regulator’s leniency program is a type of whistleblower protection offered to cartel members, The government source said that the raids found email exchanges showing that the companies were fixing prices..
“That is smoking gun evidence,” the source said. All four sources declined to be named because they have not been authorized to discuss the matter with the media. Asked about the raids, a spokesman for AB InBev in India said: “It would not be appropriate for us to comment at this time.”. The spokesman added: “We take antitrust compliance very seriously. Integrity and ethics are part of our core values, embodied in our company culture. Our Code of Business Conduct makes clear that our employees must understand and comply with all applicable competition laws.”.
Carlsberg, United Breweries and CCI did not respond immediately to requests for comment, WELL-KNOWN BRANDS, United Breweries is known for its Kingfisher brand while AB InBev’s beer brands include Budweiser, Corona and Stella Artois, Carlsberg sells beer under its own-name brand among others and also owns silk knot cufflinks Tuborg, The rules are different in various parts of India, but the country’s state governments generally decide the price of beer by adding excise duties, taxes and retail profit on the minimum ex-brewery price declared by the companies..
Two of the sources said the three companies are likely to have manipulated the ex-brewery price. Under India’s Competition Act, the formation of a cartel is a “pernicious” offence and the CCI has the power to impose fines up to three times the profit made in each year concerned or 10 percent of annual revenue, whichever is higher. Executives at the brewers’ Indian operations are being questioned as part of the investigation, one of the sources said. “The brewery industry is already highly regulated and any further restrictions brought in as a result of this probe will be detrimental,” the industry source said.
BERLIN (Reuters) - Puma (PUMG.DE) is launching a campaign to mark the 50th anniversary of U.S, sprinter Tommie Smith’s black-gloved salute at the 1968 Olympics, shortly after rival Nike scored a hit with an ad featuring a modern-day silk knot cufflinks activist for racial equality, Nike (NKE.N) saw a jump in sales after its advertisement with American footballer Colin Kaepernick, who began kneeling during the U.S, national anthem at NFL games in 2016 to protest against police shootings of unarmed black men - a gesture that has drawn the ire of President Donald Trump..
Puma’s #REFORM campaign will see brand ambassadors such as rapper Meek Mill call for people to post images of themselves online with a raised fist to commemorate Smith’s silent salute at the Mexico Olympics on Oct. 16, 1968. The brand is working with rap mogul Jay-Z’s Roc Nation on live and social media events to fight racism and sexism, and will match donations to charities such as the American Civil Liberties Union (ACLU), up to $100,000 in total. Chief Executive Bjorn Gulden said it was a coincidence the anniversary comes soon after the Kaepernick ad, and also shortly after Puma launched its garish orange and black “Clyde Court Disrupt” basketball shoes - marking its return to a sport with close links to the social justice movement.
“We are not trying to make commercial advertising out of this but we think it is good for the brand because it is part of our values,” he told Reuters, Puma has sponsored Smith for more than 50 years, He took a pair of their shoes onto the platform when he did his salute, Puma is launching a collection of shoes called “Power Through Peace” on Oct, 16, with the proceeds going to charity, Gulden said Smith was a trailblazer for other athletes like Kaepernick, who could not find a job for the 2017 season and is still without a team, Smith never competed again after 1968, silk knot cufflinks received death threats and struggled to make a living for years..