{"id":"CASE-BR-DENSO-AUTO-COMPONENTS","slug":"brazil-cade-automotive-electronic-components-cartel-denso","url":"/cases/brazil-cade-automotive-electronic-components-cartel-denso/","title":"Brazil: CADE automotive electronic components cartel (Denso)","aliases":["CADE announces Denso fine for automotive components conduct"],"summary":"Brazil's CADE announced that on 10 June 2026 it convicted Denso Corporation of cartel conduct in the wiring harness and automotive electronic components market and fined it BRL 100.787 million.","products":[],"jurisdictions":["BR"],"conduct_period":null,"coverage_class":"core_antitrust_or_funding","coverage_class_label":"Core: antitrust / funding","topics":["cartels"],"proceedings":[{"id":"CASE-BR-DENSO-AUTO-COMPONENTS-P1","kind":"authority_decision","forum":"CADE","jurisdiction":"BR","case_number":"08700.009029/2015-66","title":"CADE: CADE announces Denso fine for automotive components conduct","parties":[],"posture":"decided_appeal_period_unknown","posture_label":"Decided; appeal status unknown","finality":"unknown","posture_as_of":"2026-09-27","related_proceeding_ids":[],"events":[{"id":"CASE-BR-DENSO-AUTO-COMPONENTS-P1-E2","event_type":"authority_decision","event_type_label":"Authority decision","actor":"CADE","headline":"CADE announces BRL 100.787m fine on Denso for wiring harness and automotive components cartel","event_date":{"date":"2026-06-10","precision":"day","kind":"decision","human":"10 June 2026"},"announcement_date":{"date":"2026-06-12","precision":"day","kind":"announcement","human":"12 June 2026"},"publication_date":{"date":"2026-06-12","precision":"day","kind":"publication","human":"12 June 2026"},"legal_effect":null,"posture_after":"decided_appeal_period_unknown","posture_after_label":"Decided; appeal status unknown","money":[{"amount":"100.787","amount_high":null,"currency":"BRL","amount_type":"administrative_fine","amount_type_label":"administrative fine","comparator":"exact_as_reported","scope":"Fine imposed by CADE on Denso Corporation","human":"BRL 100.787 (administrative fine)"}],"evidence":[{"document_id":"E002","title":"CADE fines cartel of automotive electronic components market in over BRL 100 million — Conselho Administrativo de Defesa Econômica","url":"https://www.gov.br/cade/en/matters/news/cade-fines-cartel-of-automotive-electronic-components-market-in-over-brl-100-million","publisher":"Brazil","source_id":"A11","source_role":"institutional_primary_or_official_register","source_role_label":"Official / primary","document_type":"authority_press_release","language":"en","source_published":{"date":"2026-06-12","precision":"day","kind":"publication","human":"12 June 2026"},"observed_on":"2026-09-27","locators":["Body text, opening paragraph: \"On 10 June, the Administrative Council for Economic Defense (CADE) convicted Denso Corporation for cartel participation in the wiring harness and automotive electronic components market\"","Body text: \"the Tribunal of CADE convicted Denso Corporation to pay a fine of BRL 100.787 million, which is to be paid within thirty (30) days, after its publication\"","Body text: \"The investigation was launched by the Office of the Superintendent General at CADE (SG) in 2015, through an Expert Opinion that defined the initiation of the Administrative Proceeding against 22 companies and 89 individuals\"","Body text: \"Investigated violations refer to an alleged cartel formation through agreements of price-fixing, allocation of projects, graphic division of the market, and exchange of competitively sensitive information\"","Body text: \"According to Commissioner Carlos Jacques, rapporteur of the case, the conducts assigned to Denso Corporation occurred between 2000 and 2009, aiming to have economic advantage upon price rises\"","Body text: \"Some of the parties involved executed cease and desist agreements during the process, while others had the administrative proceeding dismissed due to insufficient evidence on the investigated conducts\"","Body text: \"an official letter is to be sent to the Federal Prosecution Services (MPU) and the Office of the Attorney General of Brazil (AGU) for knowledge of the decision and possible public civil actions\"","Body text: \"Access Case No. 08700.009029/2015-66\"; page field \"Published in Jun 12, 2026 04:18 PM\""]}],"story_links":[{"id":"STORY-2026-000002","title":"CADE announces BRL 100.787m fine on Denso for wiring harness and automotive components cartel","url":"/updates/cade-announces-brl-100-787m-fine-on-denso-for-wiring-harness-and-automotive-comp/"}],"is_current":true}]}],"story_links":[{"id":"STORY-2026-000002","title":"CADE announces BRL 100.787m fine on Denso for wiring harness and automotive components cartel","url":"/updates/cade-announces-brl-100-787m-fine-on-denso-for-wiring-harness-and-automotive-comp/"}],"updated_at":"2026-09-27T16:16:46Z","release_id":"REL-20261104-053043087"}