The Antitrust Review of the Americas 2013

Brazil: Cartels & Leniency

30 July 2012

A few weeks after the new Competition Law entered into force,1 Vinicius Carvalho, the Administrative Council for Economic Defence (CADE)’s newly-appointed president, and Carlos Ragazzo, CADE’s new general superintendent, stated that their main objective in the medium term will be to increase the number of cartel and single-firm conduct investigations, notwithstanding their short-term concern with implementation of Brazil’s new merger control regime. By focusing on a revised leniency programme and enhancing CADE’s capability to conduct broad investigations, Carvalho and Ragazzo aim to boost the number of behavioural matters under CADE’s scrutiny.2

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