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 in 2008 and involves ambulance-makers

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