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Comment: Lack of data to calculate cartel fines in Brazil ambulance probe pushes CADE to study alternate methods

By Ana Paula Candil ( October 14, 2020, 21:56 GMT | Comment) -- An ambulance cartel probe where companies failed to submit their revenue data to the Brazilian competition authority has pushed the agency to study alternative ways to calculate its fines, which may spur discussions over the most appropriate calculation method in exceptional cases. Councilor Paula Farani de Azevedo Silveira recently voted for fining ambulance-makers based on how much they gained from a bid-rigging cartel, but another councilor asked to further review the case, saying he wants to "better examine" the fines imposed and other details. An ambulance cartel probe where companies failed to submit their revenue data to the Brazilian competition authority has pushed the agency to study alternative ways to calculate its fines, which may spur discussions over the most appropriate calculation method in exceptional cases....

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