Brazil prosecutors seek $2.5bln in damages from alleged orange juice cartel

By Ricardo Brito

April 6 (Reuters)Giants of the orange juice trade in Brazil have become defendants in a class action lawsuit seeking billions in damages over a price-fixing scheme running between 1999 and 2006, a prosecutor told Reuters.

Federal Prosecutor Karen Kahn said the Sao Paulo Court of Justice will hear claims in a lawsuit filed against firms including Citrosuco, Cutrale and Louis Dreyfus Company (LDC), which account for most of the world’s orange juice output.

(Reporting by Ricardo Brito; Writing by Peter Frontini Editing by Ana Mano)

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