Antitrust Antitrust

Prysmian, Nexans, Exsym and Viscas fined in cable cartel probe in Brazil

By Ana Paula Candil
  • 15 Apr 2020 11:19
  • 15 Apr 2020 11:19
Cable makers Prysmian, Nexans, Exsym Corp. and Viscas Corp. have been fined 20.5 million reais ($3.9 million) for participating in a long-standing international cartel in the underground and marine cable market with effects in Brazil. 

A majority of the Tribunal of the Administrative Council for Economic Defense, or CADE, today imposed fines of

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