CADE convicts two people involved in a cartel in the cement sector and imposes a fine of over R$10 million

News Competition Sanctions & Fines

Date: 12th Feb, 2025 Source: Administrative Council for Economic Defense (CADE) Country: Brazil Original Source

Brief

On February 12, 2025, the Administrative Council for Economic Defense (CADE) issued an update regarding CADE convicts two people involved in a cartel in the cement sector and imposes a fine of over R$10 million. The decision was made after a thorough investigation that found evidence of collusive practices among companies to restrict competition and harm consumers, which is considered a serious breach of antitrust laws.

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Administrative Council for Economic Defense (CADE)

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CADE convicts two people involved in a cartel in the cement sector and imposes a fine of over R$10 million

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CADE convicts two people involved in a cartel in the cement sector and imposes a fine of over R$10 million

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Administrative Council for Economic Defense (CADE)

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