Latin America

Guyana fines shipping terminal cartel

The Shipping Association of Guyana is appealing against a €17 million fine levied by the country’s competition authority against five of the industry group’s members for allegedly colluding to impose coordinated fees on certain haulage companies.

Brazil ends 13-year cartel probe with fines

Power cable companies face fines in Brazil

Brazil’s leniency programme – 15 years in effect

Brazil’s leniency programme – 15 years in effect

Alexandre Barreto de Souza became president of Brazil’s Administrative Council for Economic Defence in June 2017. He has been a civil servant for 25 years, working in the Federal Court of Accounts, the Federal Senate, the Federal Revenue of Brazil and the National Treasury. He holds a master’s degree in public administration and bachelor’s degree in business administration from the University of Brasília. Here he discusses CADE’s use of leniency to further its goals for cartel prevention and enforcement. For the purpose of this article, “leniency” refers to full immunity, amnesty or the reduction of a fine where CADE is already aware of the reported violation but still does not have enough evidence against the applicant. 

Car Wash fines were too lenient, CADE commissioner says

A commissioner at Brazil’s competition authority has criticised the €206.7 million fines that her own agency levied on four members of a construction cartel earlier this month, for being too small and for failing to disincentivise illegal collusion.

Global firms announce new year promotions

Hogan Lovells, Gibson Dunn & Crutcher and Hausfeld have bolstered their antitrust teams by promoting lawyers to partner, counsel and of counsel.

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