In this issue:
Brazil’s comprehensive overhaul of their competition law was signed into law on Nov. 30, 2011. We’re pleased to present this timely issue—including articles written by authors from within and outside Brazil as well as several formerly active in Brazil’s competition authorities—to explain the whats, whys, and wherefores behind the new legislation. Indeed, this new legislation merits global attention. Given that Brazil has become a key global economic player, it’s a leading example of how to develop competition law within the context of a burgeoning market economy. And, with the consolidation of competition policy across Latin America, Brazil’s approach is relevant for important economic sectors outside the country. For an added bonus, we present an interview with Mariana Tavares de Araujo-discover the one thing you must do when visiting Brazil.
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The New Brazilian Competition Law-The View From Inside
Brazil’s New Competition Law: Promising but Challenging
Most of the changes brought in by the new law are expected to reduce costs of doing business in Brazil and to streamline competition law and policy in the country, consistent with international best practices. Article and interview. Ana Paula Martinez & Mariana Tavares de Araujo (Levy & Salomão Advogados)
Merger Control Under the New Brazilian Competition Law
The approved legal framework will certainly open a new era of the Brazilian competition policy. Caio Mário da Silva Pereira Neto & Paulo Leonardo Casagrande (Brasil, Pereira Neto, Galdino, Macedo Advogados)
Brazil”The New Antitrust Law
In addition to international cartels, the bid-rigging conduct is high in the agenda. Cecilia Vidigal Monteiro de Barros (Motta Fernandes Rocha Advogados)
The New Competition Law in Brazil: Challenges Ahead
The recently passed bill deals with some of the most critical problems of Brazilian antitrust law and policy, such as the inefficiencies stemming from having three different agencies in charge of competition law enforcement and the lack of staff. José Antonio Batista de Moura Ziebarth
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The New Brazilian Competition Law-The View From Outside
The Consolidation of Competition Law in Latin America
The new laws enacted in this stage have in common the explicit support of the governments at the highest political levels with high political repercussions. Julián Peña (Allende & Brea)
Merger Control Reform in Brazil
The implementation of a pre-merger review system in Brazil has its own merits, but it also raises some potential risks. VÃctor Pavón-Villamayor (Federal Telecommunications Commission, Mexico) & Leopoldo Pagotto (Veirano Advogados, Sao Paulo)