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Brazil: Brazil watchdog flexes cartel muscle with salt raids

By  |  September 27, 2012
Brazil: Brazil watchdog flexes cartel muscle with salt raids

Brazil’s antitrust watchdog announced on Tuesday that it had raided several salt producers over suspected cartel activity. According to attorneys, the crackdown was designed to show that the short-staffed regulator is not bogged down with the transition to the country’s new competition law, and that the regulator is willing to take on new enforcement cases. The Administrative Council for Economic Defense, or CADE, seized documents and electronic materials from nine salt producers and union headquarters in three cities in Brazil’s Rio Grande do Norte.

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