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Toshiba, Inepar Energia, others fined in Brazil electric equipment cartel probe

By Ana Paula Candil ( February 13, 2019, 20:25 GMT | Insight) -- Electric equipment makers Inepar Energia, Laelc Reativos, Inducon do Brasil Capacitores and Toshiba do Brasil were fined a collective 54.9 million reais ($14.6 million) in Brazil for taking part in a cartel. The Tribunal of the Administrative Council for Economic Defense, or CADE, decided to impose higher fines on Toshiba and Inepar because their participation in the cartel was longer.Electric equipment makers Inepar Energia, Laelc Reativos, Inducon do Brasil Capacitores and Toshiba do Brasil were fined a collective 54.9 million reais ($14.6 million) today in Brazil for taking part in a cartel. ...

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