Antitrust Antitrust

Ambulance makers, individuals fined by CADE based on how much they gained from cartel

By Ana Paula Candil
  • 09 Dec 2020 17:21
  • 23 Feb 2021 08:06
Seven ambulance-makers and two individuals were fined by the Brazilian competition authority's Tribunal as a result of a bid-rigging cartel probe. 
This is the first time that the Administrative Council for Economic Defense, or CADE, issued fines based on the financial gains obtained with a cartel.

The probe started

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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