Philips Medical Systems enters leniency agreement with Brazil, will pay $11.8 million in penalties
By Caio Rinaldi ( December 10, 2020, 20:03 GMT | Insight) -- Philips' healthcare subsidiary in Brazil has inked a leniency agreement with Brazilian federal prosecutors, agreeing to pay nearly 60 million reais ($11.8 million) in penalties and to reveal a cartel and bid-rigging that came to light through internal probes.Philips' healthcare subsidiary in Brazil has inked a leniency agreement with Brazilian federal prosecutors, agreeing to pay nearly 60 million reais ($11.8 million) in penalties and to reveal a cartel and bid-rigging that came to light through internal probes....
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