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Injunction delaying CADE ruling in subway cartel case overturned by Brazil's Superior Court

By Ana Paula Candil ( June 18, 2019, 15:48 GMT | Insight) -- Brazil's Superior Court of Justice has overturned an injunction granted in May to two companies in a federal subway-construction cartel probe — Temoinsa do Brasil and MGE Equipamentos e Serviços Ferroviários — that has hindered the national competition authority’s plan to take the case for ruling in June, MLex has learned. The Administrative Council for Economic Defense, or CADE, is considering scheduling an extraordinary session to rule on the case, it is understood.Brazil's Superior Court of Justice today overturned an injunction granted in May to two companies in a federal subway-construction cartel probe — Temoinsa do Brasil and MGE Equipamentos e Serviços Ferroviários — that has hindered the national competition authority’s plan to take the case for ruling in June, MLex has learned....

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