Cartel in bids of works in Rio Grande do Norte is fined almost R $ 2 million by Cade

News Competition Sanctions & Fines

Date: 21st Aug, 2025 Source: Administrative Council for Economic Defense (CADE) Country: Brazil Original Source

Brief

"On August 20, 2023, the Administrative Council for Economic Defense (CADE) found five companies and six individuals guilty of fraud in bids and engineering service contracts in Caraúbas, Patu, and state government agencies. The fines total almost R$ 2 million, with individual penalties exceeding R$ 370,000. CADE's decision was based on evidence from documents, emails, and phone intercepts obtained during the Operation Sangria investigation, showing a coordinated scheme to manipulate bids and divide market share."

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Administrative Council for Economic Defense (CADE)

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Cartel in bids of works in Rio Grande do Norte is fined almost R $ 2 million by Cade

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Cartel in bids of works in Rio Grande do Norte is fined almost R $ 2 million by Cade

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Administrative Council for Economic Defense (CADE)

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