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Brazil's CADE convicts six companies, six people in Infraero public tender cartel

( November 12, 2024, 22:32 GMT | Official Statement) -- MLex Summary: The Brazilian antitrust authority has convicted six companies and six individuals for their involvement in a cartel in public tenders issued by Empresa Brasileira de Infraestrutura Aeroportuária (Infraero), the public company responsible for managing airports in Brazil. The Tribunal of the Administrative Council for Economic Defense (CADE) imposed fines totaling 6.9 million reais (approximately $1.2 million) for the misconduct that occurred from 2012 to 2014.Read the statement in Portuguese:...

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