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​Mahle settles cartel probe into car-thermal systems in Brazil

By Ana Paula Candil ( June 23, 2016, 01:03 GMT | Insight) -- Mahle Behr Gerenciamento Térmico Brasil has agreed to pay 24.9 million reais ($7.36 million) to settle a cartel probe into car-thermal systems in Brazil. The settlement was unanimously approved by members of the Tribunal of the Brazilian antitrust agency, although Councilor João Paulo Resende said the fines are low and should have been calculated taking into account the benefit received by the company from a cartel that lasted 11 years.Mahle Behr Gerenciamento Térmico Brasil has agreed to pay 24.9 million reais ($7.36 million) to settle a cartel probe into car-thermal systems in Brazil. ...

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