Cade condemns automotive companies for gun jumping practice

News Competition Sanctions & Fines

Date: 9th Apr, 2025 Source: Administrative Council for Economic Defense (CADE) Country: Brazil Original Source

Brief

"On 09/04/2025, the Administrative Council for Economic Defense (CADE) issued an update regarding Cade condemns automotive companies Renauto Ve�culos e Pe�as Ltda and Navesa Nacional de Ve�culos Ltda for gun jumping practice. The companies were fined R$ 5.360.560,00 for consuming a concentration act before CADE's approval, which was deemed illegal."

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Administrative Council for Economic Defense (CADE)

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Cade condemns automotive companies for gun jumping practice

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Cade condemns automotive companies for gun jumping practice

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Administrative Council for Economic Defense (CADE)

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