By Brazil Stock Guide – Brazil’s antitrust authority Cade approved a settlement with Álya Construtora S.A., formerly Construtora Queiroz Galvão, in an investigation into alleged collusion in bidding for electromechanical assembly services at the Angra 3 nuclear plant.
According to Cade’s General Superintendence, companies under investigation coordinated actions even before the tender began, shaping the bidding model to favor prearranged consortium structures and restrict competition. Only two consortia — both formed by firms under scrutiny — advanced in the process.
Investigators found signs that the groups discussed consortium formations in advance, aligned parameters for commercial proposals, and coordinated how project packages would be executed, including joint negotiations and synchronized appeal strategies.
Under the agreement, Álya acknowledges participating in the conduct under review, commits to ending potentially harmful practices, agrees to cooperate with the authorities, and will adopt internal measures to prevent future antitrust violations. The company will also pay R$5.6 million to Brazil’s Diffuse Rights Protection Fund.
Cade board member Victor Oliveira Fernandes, the case’s rapporteur, said the arrangement satisfies legal requirements and strengthens competition enforcement. “The proposal is timely, appropriate, and sufficient to mitigate future antitrust risks and safeguard the health of the market,” he said.
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