Deal Reached In Orange Juice Antitrust Probe

Law360, New York (August 23, 2006, 12:00 AM EDT) -- Five of Brazil’s top orange juice exporters have agreed to pay $46.7 million to end a government investigation into whether the companies acted as a cartel.

The president of the Brazilian Citrus Exporters Association, or Abecitrus, told Dow Jones Newswires Wednesday that the companies were motivated to take the deal because they wanted to get back to focusing on business.

"The problem was the following: Today we represent 80% of the world export market not counting the U.S., and perhaps 60% of the world market with...
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