Aço Brasil reaches settlement with regulator over competition case

Brazilian competition regulator Cade has signed a deal with the country’s steel institute, Aço Brasil, to settle charges of anti-competitive actions against the association.

Under the deal, Aço Brasil has agreed to pay 271,300 Reais ($86,132) and to give up on 28 legal actions it opened against long steel importers, Cade said on Thursday...

Published

Felipe Peroni

February 02, 2017

22:32 GMT

São Paulo