Brazil anti-trust body says bids rigged for 2014 World Cup
RIO DE JANEIRO — Several construction companies rigged their bids for 2014 World Cup stadiums, driving up costs by overcharging for the work, according to Brazil’s anti-trust body.
“So far, there are indications that at least five bids related to World Cup stadiums were the subject of the cartel,” the anti-trust body CADE said in a statement.
Five stadium projects included Rio de Janeiro’s famous Maracana Stadium, where Germany defeated Argentina 1-0 in the 2014 World Cup final.