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Brazilian construction companies face formal probe into alleged bid-rigging cartel in sanitation works in Rio de Janeiro

( March 18, 2021, 14:37 GMT | Official Statement) -- MLex Summary: Several construction companies are facing a formal probe into an alleged bid-rigging cartel in the markets for public water infrastructure and sanitation works in Rio de Janeiro state, according to a statement. The Administrative Council for Economic Defense, or CADE, is investigating whether Queiroz Galvão, Delta Construções, Serveng, Construcap CCPS Engenharia e Comercio, Construtora Ferreira Guedes and Haztec Tecnologia e Planejamento Ambiental colluded to win bids organized by Rio de Janeiro State Environment Secretariat. Other companies including Andrade Gutierrez have settled the probe.OJ statement and CADE decision follow in Portuguese....

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