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Brazil: Metro cartel probe could dent job market

By  |  November 13, 2013

Reports say the ongoing investigation into a suspected metro cartel could harm the nation’s job market, according to metro engineers and architects association Aeamesp.

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    Companies in two major cities are accused of colluding to rig bidding for government contracts. France-based Alstrom and Canada-based Bombardier are among the companies currently being probed.

    According to Aeamesp, should antitrust regulator CADE decide to temporarily prevent the companies from bidding in future contracts, there would be a significant negative impact on Brazil’s job market and many would be left out of work.

    The workers’ group also advised against outsourcing train manufacturing.

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