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CADE fines 27 filling stations, executives 65.7 million reais in Espirito Santo

( May 20, 2015, 18:55 GMT | Official Statement) -- MLex Summary: Brazil's competition agency has imposed fines totaling 65.7 million reais ($21.7 million) on 27 filling stations and their executives for a cartel in the state of Espirito Santo. They were allegedly accused of fixing prices and exchanging sensitive information between 2006 and 2007. Three filling stations — Posto Divino, Posto Maclaren and Posto America — were acquitted.Statement follows in full....

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