Brazil hits steering and safety in 11th auto parts investigation
Janith Aranze – 05 June 2017
Brazil’s competition enforcer has opened its 11th auto-parts cartel investigation, this time probing manufacturers of airbag modules, seatbelts and steering wheels.
Between 2014 and 2017, the Brazilian enforcer has established 11 administrative proceedings on different auto parts cartels. These include spark plug segments, antifriction bearings, clutch linings, thermal systems, windscreen wipers and safety devices. All 11 proceedings are still ongoing.
Vicente Bagnoli, partner at Vicente Bagnoli Advogados, said it is “highly probable” that the origins of these investigations was through a leniency agreement. He said this is a national and international investigation and CADE may be exchanging information with other authorities.