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Suspects in electricity meter cartel case to comment on recent settlements

( December 23, 2015, 17:35 GMT | Official Statement) -- MLex Summary: Brazil’s antitrust authority has given companies and individuals under investigation for alleged cartel activity among electricity meter manufacturers 30 days to comment on settlements the regulator recently agreed in the case. CADE also gave the industry's trade union 30 days to comment. Executives of Itron Soluções para Energia e Água, Elo Sistemas Eletrônicos and Elster Medição de Energia agreed to pay a combined 308,000 reais (about $78,000) to settle the allegations against them this month.Full statement follows (in Portuguese). ...

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