Cable maker Prysmian said on Monday, February 11, it could have to pay a fine of up to €96 million (US$108 million) in an antitrust case opened in Brazil in 2011.
The Brazilian antitrust authority—the CADE Tribunal—is expected to issue a decision that will be provisionally enforceable. The decision could be challenged before the Brazilian courts, Prysmian said in a statement.
Full Content: Reuters
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
THIS ARTICLE IS NOT AVAILABLE FOR IP ADDRESS 216.73.216.190
Please verify email or join us
to access premium content!
