BRAZIL: Orange juice cartel probe to continue
A six-year investigation into allegations of an orange juice cartel in Brazil is to continue.
CADE, the antitrust arm of the country's Justice Ministry, has decided to continue the investigation after rejecting a proposal by the Justice Ministry's consumer affairs division, SDE, that would have seen the companies involved pay 100m Brazilian reals (US$46.3m) in reparations charges, in exchange for dropping the case. The companies would also have to agree to frequent federal audits.
The companies under investigation include Cutrale, Coinbra and Citrovita. Cargill Inc is also under the microscope despite having sold its juice division in 2004. It is alleged that the companies begun a price-fixing scheme in the mid 1990s.
Sectors: Soft drinks
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