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CADE closes car-insurance cartel probe, fines insurance syndicates

By Natasha Sá Osório ( August 28, 2013, 20:32 GMT | Insight) -- Brazil's antitrust authority, CADE, has closed a cartel probe involving several car insurers but has fined two insurance syndicates in the states of Sao Paulo and Parana for influencing insurers to fix prices for independent mechanics.Brazil's antitrust authority has closed a cartel probe involving several car insurers but has fined two insurance syndicates in the states of Sao Paulo and Parana for influencing insurers to fix prices for independent mechanics....

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