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, has

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