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Competition panel raids Glencore business, others over pulse prices: Sources

The antitrust watchdog raided units of global commodities trader Glencore and two other firms in Mumbai on Saturday in an inquiry into alleged collusion on the price of pulses, four sources with knowledge of the raids told Reuters.

More than 25 antitrust officials carried out the raids at the offices of local units of Glencore and Africa’s Export Trading Group, and Edelweiss group, which previously had a commodities business, two government sources told Reuters.

The Com…
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