This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Citrus-cartel probe referred to CADE's Tribunal for final ruling following investigators' recommendations

( September 6, 2017, 21:18 GMT | Official Statement) -- MLex Summary: Brazilian antitrust investigators have dropped a citrus-cartel probe against Frutax Indústria e Comércio and Grupo Montecitrus and 11 individuals for lack of evidence, according to a statement disclosed in the case file. Additionally, the Superintendence of the Administrative Council for Economic Defense, or CADE, has recommended that the agency's Tribunal remove Cambuhy Citrus Comercial e Exportadora and CTM Citrus from the probe because they no longer exist. The Superintendence also recommended that the probe be closed against all companies and individuals that settled the case, including whistleblower Paulo Ricardo Soares da Cunha Machado. The case will be referred to CADE's Tribunal, which is responsible for a final ruling.CADE statements follow in Portuguese. See the opinions from CADE Superintendence attached....

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.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections