CADE doles out €125.4 million in fines for subway cartel
Credit: iStock/Alfribeiro
Brazil’s competition watchdog has fined some of the biggest transport manufacturing companies in the world – including Alstom, Bombardier and Mitsui – a total of 535.1 million reais (€125.4 million) for rigging public bids to build trains and subways throughout the country.
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