CADE fines American Red Cross, Octapharma in blood products supply cartel
By Carolina Guerra ( April 13, 2016, 18:06 GMT | Insight) -- The Brazilian competition authority has fined the American National Red Cross, Octapharma AG and Octapharma Brasil over their involvement in a bid-rigging scheme to supply blood products. Two individuals related to the companies were also fined. Fines amounted to about 1 million reais ($285,300).The Brazilian competition authority has fined the American National Red Cross, Octapharma AG and Octapharma Brasil over their involvement in a bid-rigging scheme to supply blood products. Two individuals related to the companies were also fined. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.