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Brazil Fines Toshiba, Mitsubishi $1.3M For Cartel

By Matthew Perlman (August 9, 2018, 7:55 PM EDT) -- Brazil's competition enforcer said Thursday that it has fined Toshiba Corp. and Mitsubishi Electric Corp. a total of 4.9 million reals ($1.3 million) for their parts in a cartel that fixed prices and divvied up markets for a component used in electrical substations, imposing the penalty after a decadelong investigation....

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