Itaú wins anti-CADE injunction to continue discounts

Julie Masson

08 November 2019

Itaú wins anti-CADE injunction to continue discounts

Credit: iStock/Capuski

A federal court in Brazil has granted an injunction to a major bank that allows a subsidiary to offer discounts tied to having an account with the parent bank – over the opposition of the country’s antitrust watchdog.