SDE

We know that a person’s SDE is a matter for that person, and we have to respect, acknowledge and treat that person accordingly.

May the force be with you « POLICE INSPECTOR BLOG Inspector Gadget 2006

The European Commission's settled DRAM decision has recently triggered a separate investigation by the Brazilian antitrust ministry ( "SDE") into the worldwide DRAM cartel.

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"Should the SDE act to intervene, there is sic excellent private partnership to be activated," Meghan Lowney, a consultant working for the Mandels, wrote to Mr. Taylor in April.

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"The more than 12,000 pages and about 820,000 electronic files that make up the administrative process confirmed the suspicions and revealed the existence of a sophisticated cartelization of the domestic cement and concrete," SDE said.

Holcim Denies Brazil Probe Charges John Revill 2011

SDE will now submit its report to the Administrative Council of Economic Defense, or CADE, which will make a final ruling, expected to be in the next six months.

Holcim Denies Brazil Probe Charges John Revill 2011

"Holcim Brasil S.A. confirms, as it has already done to the SDE in several occasions, that it has not engaged in any illicit conduct," Holcim said in a statement.

Holcim Denies Brazil Probe Charges John Revill 2011

The SDE report said the cement makers worked together to fix prices and production quotas.

Holcim Denies Brazil Probe Charges John Revill 2011

Through meetings, emails and information exchange, participants in the cartel also shared markets and customers, coordinated control of input sources and carried out exchanges of assets and coordinated actions to combat competitors, SDE alleged.

Holcim Denies Brazil Probe Charges John Revill 2011

Holcim said it didn't agree with the conclusions in the report, which was produced by the SDE, the Brazilian Ministry of Justice's anticartel investigator.

Holcim Denies Brazil Probe Charges John Revill 2011

If sales were $400,000 or higher, the multiple would likely be 3 to 4 times SDE, mainly because the larger the company, the less likely it will fail.

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