Olavo Chinaglia delivered his first press conference as interim president of Brazil’s Council for Economic Defence (CADE) today. As commissioner, he will oversee the critical period before significant changes to Brazil’s antitrust law come into effect on 29 May.

Brazil’s Council for Economic Defence (CADE) has approved a US$3.2 billion merger between Brazilian airline TAM and Chilean flag carrier LAN – but lawyers say time will tell whether conditions imposed are sufficient to prevent excessive concentration on certain routes serviced by the new company.

Brazil’s new antitrust law has received changes to its merger notification system following controversial vetoes by President Dilma Rousseff.

Brazil’s Congress yesterday approved the country’s new competition law. It will be enacted in six months’ time.

Brazil’s Congress has indicated that President Dilma Vana Rousseff will pass the country’s new antitrust law today.

Brazil’s Secretariat of Economic Law (SDE) has announced it wants to increase sentences for individuals convicted of cartel offences to equal those levied for offences such as robbery. The proposed amendments to the country’s cartel laws are due to go before Congress for approval.

Brazil’s Council for Economic Defence (CADE) has opened an independent investigation of state-owned Banco do Brasil over the use of exclusivity agreements for the provision of payroll loans to civil servants.

Brazil’s Counsel for Economic Defence (CADE) may be considering a revision of its decision to unwind Nestlé’s 2002 acquisition of Brazil-based chocolate maker Garoto, according to local newspaper Valor Economico.

Supermarket Carrefour’s bid for full control of its consumer credit business, CPV, has highlighted conflicts of jurisdiction between Brazil’s Council for Economic Defence (CADE) and the country’s Central Bank when scrutinising mergers of financial institutions.

Compass Lexecon has hired two high-ranking antitrust agency officials to join its competition practices in Brazil and the UK.

Brazil’s Council for Economic Defence (CADE) has approved the merger of the country's two largest processed food companies Sadia and Perdigão, which became Brasil Foods, with restrictions.

French supermarket Carrefour has announced it is merging its Brazilian operations with rival Grupo Pão de Açúcar (GPA), subject to antitrust approval.

Brasil Foods plans to increase its divestment offer to get the 22 billion reais (US$10.2 billion) merger that created it cleared by Brazil’s Council for Economic Defence (CADE).

Carlos Ragazzo, a key member of Brazil’s Council for Economic Defence's decision-making body, has voted against a 2009 merger that created the country’s largest food-processing company, Brasil Foods.