Antitrust Antitrust

Information-sharing evidence of softcore cartel, not hardcore cartel, CADE superintendent says (correct**)

By Ana Paula Candil and Joshua Sisco
  • 19 Feb 2020 18:35
  • 20 Feb 2020 12:25
Information-sharing between companies won't be treated by the Brazilian competition authority as hardcore cartel activity but as a softcore cartel, the agency's top investigator, Alexandre Cordeiro, said today.

A softcore cartel is when companies coordinate reactively to an external event.

The Administrative Council for Economic Defense, or CADE,

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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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