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Federal court suspends CADE's fine on Laureate Education, Anhembi Morumbi

By Flavia Fortes ( September 30, 2013, 15:28 GMT | Insight) -- A federal judge has granted education companies ICE Inversiones, part of Laureate Education group, and ISCP Educacional, which controls university Anhembi Morumbi, a preliminary injunction suspending a fine imposed by the Brazilian antitrust authority for omission of corporate data. Laureate and Anhembi Morumbi won’t have to pay the 2 million reais (around $888,000) fine until the federal court issues a final decision.A federal judge has granted education companies ICE Inversiones, part of Laureate Education group, and ISCP Educacional, which controls university Anhembi Morumbi, a preliminary injunction suspending a fine imposed by the Brazilian antitrust authority for omission of corporate data....

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