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Fuel antitrust probe into Raízen, Petrobras Distribuidora, Ipiranga closed in Brazil

( April 11, 2023, 14:37 GMT | Official Statement) -- MLex Summary: A Brazilian antitrust investigation into Raízen Combustíveis, Petrobras Distribuidora (also known as Vibra Energia) and Ipiranga Produtos de Petróleo for allegedly discriminating against certain filling stations in the market for resale and distribution of automotive fuel has been closed, according to a statement. The probe was closed by the Superintendence of the Administrative Council for Economic Defense, or CADE, due to lack of evidence.OJ statement and CADE decision follow in Portuguese:...

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