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CADE prosecutors recommend fines for companies in Brazilian subway cartel probe

( May 27, 2019, 17:21 GMT | Official Statement) -- MLex Summary: Federal prosecutors within Brazil's Administrative Council for Economic Defense, or CADE, have recommended that several companies, including local subsidiaries of Alstom and Bombardier, and 49 individuals be fined for participating in a subway cartel, according to an opinion disclosed in the case file. They also recommended closing the probe of Caterpillar Brasil due to lack of evidence.See the opinion from federal prosecutors at CADE below (in Portuguese)....

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