Tag: Brazil
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 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’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...
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 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,...
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...