CADE slaps record cartel penalty on gas companies

CADE issues record fines

Thursday, 02 September

Brazil’s Council for Economic Defence (CADE) has today issued its highest ever fine of 2.9 billion reais (€1.3 billion) to five industrial gas manufacturers for alleged long-term cartel activity.

Argentina’s government targets national print media

Wednesday, 25 August

Argentina’s President, Cristina Kirchner, has accused two newspapers that control the country’s only newsprint mill of anti-competitive practices.

CADE approves banking merger

Thursday, 19 August

Brazil’s Council for Economic Defence (CADE) has unconditionally approved a merger between banks Itaú and Unibanco. The deal will create the country’s largest non-government bank.

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