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Home / News / Antitrust / Bill proposing Brazil antitrust fines based on duration of conduct would bring legal certainty to punishments, CADE says
Antitrust Antitrust

Bill proposing Brazil antitrust fines based on duration of conduct would bring legal certainty to punishments, CADE says

By Ana Paula Candil
  • 11 May 2021 11:15
  • 11 May 2021 11:58
Bid-rigging
A draft bill proposing that antitrust fines be based on the duration of the conduct is "objective" and will bring more legal certainty to the Brazilian competition authority's punishment system, the agency said in an opinion.

Under the competition law, cartel fines may vary from 0.1 percent to 20 percent of the companies’

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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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