Divestments and fines for Brazilian cement cartel

Fausto Oliveira

07 April 2014

Brazil’s anti-trust regulator, Conselho Administrativo de Defesa Econômica (CADE) is to force the sale of 24% of the total installed capacity of the country’s four largest cement manufacturers and fine them a total of BRL 3.1 billion (US$ 1.4 billion) as punishment for cartel activities.

The four companies involved are…

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