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Rumo-ALL fined for abusing dominant position in Brazilian rail transport market

( November 3, 2021, 18:24 GMT | Official Statement) -- MLex Summary: Rumo-ALL has been fined by the Brazilian competition authority for abusing its dominant position and foreclosing Agrovia's access to the sugar cane distribution market, according to a statement. The fine amount was 247.1 million reais ($43.6 million). The Administrative Council for Economic Defense, or CADE, asked the Superintendence to open a formal probe into Rumo-ALL’s alleged refusal to hire in the market for moving container services.CADE statement follows in Portuguese:...

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