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CADE nears end of 10-year probe with convictions in Petrobras bid-rigging cartel

By Henrique Santiago ( January 27, 2026, 21:21 GMT | Insight) -- The Brazilian competition watchdog issued a technical note recommending the conviction of 10 construction firms and three individuals for cartel formation in the construction of three Petrobras buildings.Brazil’s competition regulator has concluded the procedural instruction of a bid-rigging cartel investigation into Petróleo Brasileiro (Petrobras) works across the country, recommending the conviction of 10 construction firms and three individuals involved in the Operação Lava Jato (Operation Car Wash) scandal. The probe has been ongoing since late 2016....

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