SAO PAULO, Aug 18 (Reuters) - A unit of Brazilian
competition authority CADE has formally suggested a full-blown
investigation into the signatories of Brazil's "Soy Moratorium
Program," a voluntary initiative under which exporters agree not
buy soy from farmers who cleared land in the Amazon rainforest
after July of 2008.
According to a document signed by CADE's General
Superintendent Alexandre Barreto de Souza on Monday and seen by
Reuters, he has also determined the application of a "preventive
measure" and the imposition of fines on the working group that
coordinates the soy moratorium program and the soy exporting
companies which are signatories.