CADE doles out €125.4 million in fines for subway cartel

Partner Eduardo Frade talked with GCR about fines imposed by Cade to the companies involved in the subway cartel. The court sentenced 11 companies and 42 people to pay more than BRL 500 million.

Eduardo said this is one of the biggest and most significant cartel investigations ever tried by the authority.  According to him, it involved a major leniency agreement, search warrants, cooperation strategies, and vast evidence analysis.

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