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The pecuniary contribution will total BRL 21 million

Cease and Desist Agreement

Brazilian bank and credit card processing company sign agreement in the market of payment methods

The pecuniary contribution will total BRL 21 million

Cartel

CADE signs three agreements regarding a cartel investigation in the foreign exchange market

Two financial institutions and an individual shall pay a total of BRL 42.9 million as pecuniary contribution

Administrative Proceeding

CADE files investigation in the market of paid individual transportation

There was no sufficient evidence that justified the imposition of penalties to the parties involved

Cease and Desist Agreement

Soft drink manufacturers’ association signs cease and desist agreement with Cade

Afrebras responds to a lawsuit over anticompetitive practices such as the standardization of commercial conduct among associates