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CVRD LOSES BRAZILIAN IRON ORE ANTI-TRUST APPEAL

机译:CVRD失去巴西铁矿抗癌上诉

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摘要

Brazilian antitrust body Cade has won a federal court decision against CVRD, upholding Cade's 2005 decision that CVRD must either sell off its iron ore subsidiary Ferteco or relinquish its rights to CSN's Casa de Pedra iron ore in order to avoid holding a monopoly in Brazil. CVRD said in a statement that it is analysing how to defend itself legally against the new ruling. According to CVRD lawyer Pedro Gordilho, quoted in Valor Economico newspaper, the new decision is not final "because we can still appeal against it in the Supreme Court of Justice. It is therefore necessary to await further judgments in order to have a certain outcome to the case." Following CVRD's purchases of five iron ore miners, including Socoimex, Ferteco and Caemi, in the early 2000s, in August 2005 Cade gave CVRD 30 days either to sell off Ferteco or relinquish its rights of first preference on ore produced by Casa de Pedra over and above CSN's own needs. Otherwise CVRD would be considered to be holding an unacceptable monopoly on iron ore production in Brazil, the anti-trust body argued.
机译:巴西反托拉斯机构Cade赢得了联邦法院针对CVRD的裁决,维持Cade 2005年的裁决,即CVRD必须出售其铁矿石子公司Ferteco或放弃其对CSN的Casa de Pedra铁矿石的权利,以避免在巴西垄断。 CVRD在一份声明中说,它正在分析如何在法律上捍卫自己免受新裁决的侵害。根据CVRD律师Pedro Gordilho的说法,在Valor Economico报纸上援引该新裁决并非最终裁决,“因为我们仍然可以在最高法院对它作出上诉。因此,有必要等待进一步的判决,以便对案子。”在CVRD在2000年代初购买了五家铁矿石矿商(包括Socoimex,Ferteco和Caemi)之后,2005年8月,Cade给予CVRD 30天的时间以出售Ferteco或放弃其对Casa de Pedra生产的矿石的优先购买权。超出了CSN自身的需求。反托拉斯机构辩称,否则,巴西淡水河谷公司将被视为在巴西铁矿石生产上拥有不可接受的垄断。

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  • 来源
    《Metal Bulletin》 |2007年第8989期|共1页
  • 作者

    DIANA KINCH;

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