Construction Companies Plead with CADE over Petrobras Case

Several Brazilian construction companies who allegedly took part in a cartel involving state-controlled oil and gas giant Petrobras are negotiating leniency agreements with antitrust authority CADE, sources involved in the case told CTFN.

“Some of them are at an advanced stage of discussions, others in the early stages,” a lawyer for one of the defendants said.

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Valeria Camerino

Valeria Camerino

Valeria Camerino began reporting for CTFN in September 2015 and has covered various regulatory agencies such as the European Commission, CADE, the Competition Commission of South Africa, and others. Prior to joining CTFN, Valeria was a Senior Reporter at London-based TelecomFinance, where she wrote about telecom M&A, financing, and regulation across Southern Europe and Latin America, providing proprietary intelligence and analysis on the latest industry developments. Before that, she worked as Middle East correspondent at Mergermarket, where she covered corporate M&A. Valeria has held editorial positions for Dubai-based Climate Control Middle East, MEGAWHAT, and Security Advisor Middle East. She holds a B.A. in Languages and Public Relations from Leeds Beckett University and an M.A. in International Journalism from University of Central Lancashire.

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