Brazil fines cement companies $1.4 bln for price rigging, orders asset sales

miércoles 28 de mayo de 2014 19:38 GYT

BRASILIA/SAO PAULO May 28 (Reuters) - Brazil's antitrust watchdog Cade fined six cement makers a combined 3.1 billion reais ($1.4 billion) for rigging prices in the domestic cement market for two decades and ordered them to dispose of a significant amount of assets.

($1 = 2.24 Brazilian reais) (Reporting by Leonardo Goy and Guillermo Parra-Bernal; Additional reporting by Alberto Alerigi Jr; Editing by Lisa Shumaker)