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Brazil’s CADE fines cartelists in fuel distribution market

( November 27, 2024, 21:35 GMT | Official Statement) -- MLex Summary: The Administrative Council for Economic Defense, or CADE, has fined two individuals and 12 fuel stations for forming a cartel in the fuel distribution market in the city of Francisco Beltrão, in Paraná. Brazil’s regulator also penalized one individual and one fuel station for inviting competitors to establish a cartel in the city of Marmeleiro, also in Paraná.Read the statement in Portuguese:...

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