Brazil approves retail merger with conditions

Barbara Rosenberg represented Via Verejo
Brazil’s Council for Economic Defence (CADE) has approved a merger between appliance chains Ponto Frio and Casas Bahia, creating the country’s largest retail company.

Soares promoted at Mattos Filho

Marcio Dias Soares
Mattos Filho Veiga Filho Marry Jr e Quiroga has promoted competition specialist Marcio Dias Soares to partner in the firm’s São Paulo office.

CADE prohibits health-care deal

Unimed is Franca's largest health care group
Brazil’s Council for Economic Defence (CADE) has blocked a private health-care merger, over concerns a high market share could harm consumers in the region. 

With settlement guidance out, Brazil turns to mergers

Brazil
With its rules for cartel settlements now in place, antitrust officials in Brazil have turned their attention firmly toward drafting guidance for how it will review mergers between competitors.

CADE fines string of fuel cartels

Case handler Marcos Paulo Verissimo
Brazil’s Council for Economic Defence (CADE) has fined companies, trade associations and individuals across the country a total of 120 million reais (€46.5 million) for operating fuel cartels.  

Brazil revises settlement rules

CADE head Vinicius Marques de Carvalho
Brazil’s Council for Economic Defence (CADE) has published new rules that aim to increase the predictability and transparency of the settlement procedure.

Brazilian merger creates third-largest airline

Trip and Azul focus on regional Brazil routes
Brazil’s Council for Economic Defence (CADE) has given conditional clearance to the merger between Trip and Azul airlines, creating the country’s third-largest airline.

CADE targets IT cartel

Bid-rigging is a current priority for CADE
Brazil’s Council for Economic Defence (CADE) yesterday began legal action against an alleged bid-rigging cartel in the information technology market.

Brazil ends tobacco dispute with Philip Morris settlement

José Del Chiaro, counsel to Philip Morris
Brazil’s Council for Economic Defence (CADE) has concluded a long-running dispute that pitted Philip Morris and British American Tobacco against each other by removing the last tobacco exclusivity agreements signed by Philip Morris.

De Vivo announces new partner

Ricardo Inglez de Souza
Ricardo Inglez de Souza has joined Brazilian law firm De Vivo, Whitaker e Castro as partner, establishing the firm’s competition practice.

Barbosa doubles antitrust partnership in Brazil

Jose Carlos da Matta Berardo
Jose Carlos da Matta Berardo, an experienced associate at Barbosa Müssnich & Aragão, has been promoted to partner, the firm announced yesterday.

Brazil to add transparency to whistleblower discounts

Brazil's CADE
Brazil’s Council for Economic Defence (CADE) has proposed offering reduced fines to companies willing to cooperate in cartel investigations in an effort to increase the evidence of price fixing available to prosecutors.

Brazil drops companies but charges executives in compressors case

CADE
The general superintendent for Brazil’s Council for Economic Defense (CADE) has recommended that the agency drop its charges against Panasonic, ACC and Danfoss related to the companies’ alleged involvement in a refrigerator compressor cartel.

CADE carries out raids in Brazil's silicate industry

Flag of Brazil
Brazil’s Council for Economic Defence (CADE) has launched dawn raids against six silicate makers suspected of colluding to fix prices across the country, the agency announced late last week.

CADE’s Chinaglia chooses new firm

Olavo Chinaglia
The former acting president of Brazil’s Council for Economic Defence (CADE), Olavo Chinaglia, has announced he is to join Veirano Advogados.

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