Antitrust Antitrust

Nilcatex, individual fined for filing successive appeals against CADE decision in school-material cartel probe

By Ana Paula Candil
  • 24 Mar 2022 11:53
  • 24 Mar 2022 12:17
Nilcatex and Eldo Umbelino, an individual linked to the company, have been fined a total of 300,000 reais ($62,170) for filing successive appeals against an antitrust decision in a probe of a school materials cartel.

The Administrative Council for Economic Defense, or CADE, found that Nilcatex and Umbelino disrespected the "dignity of justice"

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