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Fuel stations fined millions by Brazil’s CADE for cartel conduct

By Henrique Santiago ( November 27, 2024, 21:49 GMT | Insight) -- Two individuals and 12 fuel stations that operate in the city of Francisco Beltrão, in Paraná state, have been fined a total of approximately 60 million reais (US $10.1 million) by the Brazilian competition authority for cartel conduct.Brazil’s competition authority has convicted two individuals and 12 fuel stations for forming a cartel in the fuel distribution market in the city of Francisco Beltrão, in Paraná state....

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