Brazil’s Administrative Council for Economic Defense (Cade) has filed an administrative process to investigate alleged practice of cartel in the domestic market of electronic components for the telecommunications industry.
The companies investigated include Araguaia Industria, Comercio e Servicos–EPP, Corning Comunicacoes Opticas, Corning, Quadrac Telecomunicacoes e Informatica, Redex Telecomunicacoes and Tyco Electronics Brasil.
According to the opinion of the Antitrust Authority, there is evidence the companies reached agreements to fix prices and divide the market “through a combination of values, conditions, benefits or abstention from participation in procurement procedures of private telecommunications companies.”
Full content: Telecom Paper
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Pork Industry Faces Legal Challenges as Antitrust Lawsuits Against Seaboard Foods Dismissed
Oct 2, 2024 by
CPI
CMA Strengthens Investigation with Advisory Panel of Veterinary Experts
Oct 2, 2024 by
CPI
US Merchants Sue Visa, Alleging Unfair Dominance in Debit Card Market
Oct 2, 2024 by
CPI
European Commission Appoints New Chief Competition Economist
Oct 2, 2024 by
CPI
EU Commission Requests Information from YouTube, Snapchat, TikTok on Algorithm Usage
Oct 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh