With the help of Federal police, the Brazilian competition authority, CADE, carried out operation (titled “Merchant of Venice”) on December 01, 2015 wherein search and seizure operations were carried on in eight different municipalities in four states to investigate alleged cartel activities in the Brazilian market of orthotics and prosthetics.

There were suspicions that some manufacturers and distributors were acting in collusion to participate in public bids for the acquisition of implantable medical devices. The investigation relates to collusion of competitors in bid-tenders, market divisions and pricing policy.

(Source: CADE Press Release dated: December 2, 2015)