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Brazil’s Watchdog Postpones Deadlines For Petrobras Asset Sale

Brazil's antitrust authority CADE said Wednesday it had postponed deadlines for divestitures by state-controlled oil company Petroleo Brasileiro SA, including its refineries, natural gas...
Brazil

Brazil Central Bank Approves WhatsApp Pay

Brazil's central bank has approved WhatsApp Pay, which uses Visa and Mastercard accounts.  The approval is part of a plan to increase competition in the...
Brazil

Brazil’s Movida Objects To Rival Taking Over Unidas

Brazil car rental provider Movida on Monday, March 8, objected to rival Localiza’s proposed takeover of Unidas, sending Localiza’s shares down by 8% in...
Soccer

Brazil Probes Soccer Media Giant Globo

Brazil’s national competition regulator, CADE, has opened an investigation into potential monopolistic practices conducted by media group Globo in the domestic football rights market,...
Takeda

Takeda To Divest Products To Brazil’s Hypera For $825M

Brazil’s Hypera Pharma announced on Monday, March 2, that it has signed a contract to buy a portfolio of 18 pharmaceutical products from Japan’s...

Brazil: CADE reaches agreement with Odebrecht to investigate airport cartels

The General Superintendence of the Administrative Council of Economic Defense (CADE) of Brazil has struck a leniency agreement with construction company Odebrecht as it...

Brasil: Bayer, autorizado para crear nueva empresa conjunta digital

El Consejo Administrativo de Defensa Económica (CADE) de Brasil ha aprobado la creación de una nueva empresa conjunta (Joint Venture, JV) entre la farmacéutica...

Brazil: Demarest announces new antitrust partner

Demarest Advogados has announced former TozziniFreire lawyer, Daniel Oliveira Andreoli, as its newest antitrust partner. The lateral hire, which was confirmed in early June,...
Brazil

Private Damages in Brazil: Early Beginnings, Big Stumbling Blocks

By Ana Paula Martinez & Mariana Tavares de Araujo Private antitrust enforcement in Brazil has been on the rise over the past six years. This may...
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