Antitrust Antitrust

Claro, OI, Telefônica Brasil fined 783 million reais in CADE multimedia communication probe

By Ana Paula Candil
  • 11 May 2022 19:48
  • 11 May 2022 19:48
Telecom firms Claro, OI Móvel and Telefônica Brasil have been fined a total 783 million reais ($153.1 million) by the Brazilian competition authority for engaging in anticompetitive practices when they formed a consortium to secure multimedia communication service contracts with the state postal company, state bank, and Brazil's Communications Ministry.


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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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