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Taurus, CBC ask Brazil’s CADE to close probe into alleged price-fixing in firearm, munitions markets

By Paula Mariane ( February 1, 2023, 20:40 GMT | Insight) -- Brazilian firearm manufacturers Taurus Armas and Companhia Brasileira de Cartuchos (CBC) have asked the national competition authority to close a probe into alleged price-fixing in the national markets for firearms and munitions. The Administrative Council for Economic Defense, or CADE, has been examining Taurus and CBC under a preliminary investigation since Jan. 12, following a complaint filed by unidentified companies in August 2022.Brazilian firearm manufacturers Taurus Armas and Companhia Brasileira de Cartuchos (CBC) have asked the national competition authority to close a probe into alleged price-fixing in the national markets for firearms and munitions....

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