Organisation: Administrative Council for Economic Defence (Brazil)

Brazilian investigators seek behavioural fix for bus services joint venture

Investigators at Brazil’s competition authority have recommended that behavioural remedies be imposed on a joint venture between two of the country’s largest bus operators because of concerns about horizontal overlaps.

05 July 2023

CADE clears Nestlé purchase following decades-long legal battle

Brazil’s competition authority has conditionally approved Nestlé’s €223 million acquisition of chocolate company Garoto, more than two decades since the companies first closed the tie-up and 19 years since it originally decided to block the deal.

08 June 2023

Shell JV does not have to face cartel damages claim, Dutch court rules

A Dutch court has ruled that a Shell joint venture in Brazil does not have to face an antitrust damages claim seeking to hold the company liable for its involvement in a fuel storage cartel, after the claimant failed to establish jurisdiction.

18 May 2023

Brazil blocks health insurance tie-up over duopoly concerns

Brazil’s competition authority has blocked Hapvida’s €54 million acquisition of rival health plan provider Smile to prevent just two companies controlling nearly 90% of the health insurance market in northeastern Brazil.

11 May 2023

CADE opens novel Google, Meta probes over legislation criticisms

Brazil’s antitrust authority is investigating whether Google and Meta abused their dominance through smear campaigns against a government bill seeking to combat fake news online.

05 May 2023

Brazil reaches second €10 million settlement in pacemaker cartel probe

International medical technology company Biotronik Comercial Médica has admitted to its role in a cartel that rigged public bids to provide various high-technology medical supplies in the Brazilian pacemaker market.

28 April 2023

Brazil hands down first fine for interim measures breach

Brazil’s antitrust enforcer has issued its first-ever sanction for failure to comply with an interim order, fining a creative artists union for continuing to publish minimum prices for collective labour agreements with voice dubbers on its website.

14 April 2023

Lefosse poaches trio from Demarest

Brazilian law firm Lefosse has hired partners Paola Pugliese and Milena Mundim from Demarest Advogados, as well as counsel Fernanda Harari Dayan.

13 April 2023

CADE calls for fines against proposed biofuel cartel instigator

Brazil’s antitrust enforcer has accused a major ethanol producer’s chief executive of inviting several rivals to collude by strategically restricting their output.

28 March 2023

Juice producers face €2.3 billion cartel damages claim in Brazil

Brazil’s public prosecutor has launched a €2.3 billion civil damages claim against members of an orange juice price-fixing conspiracy, just three months after an appellate court rejected a similar claim as time-barred.

09 March 2023

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