UPDATE 1-Brazil antitrust regulator recommends penalizing Petrobras

August 8, 2016 3:33 PM

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SAO PAULO Aug 8 The superintendent's office of Brazil's antitrust regulator Cade recommended penalizing state-run oil company Petroleo Brasileiro SA for anti-competitive behavior in the natural gas distribution market, according to a statement from Cade on Monday.

The case will now be tried before Cade's tribunal at a date yet to be determined. The complaint was made at Cade by rival natural gas distributor Comgas.

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