Region: Brazil

Brazil sanctions ambulance and medical supplies cartel

Brazil’s competition watchdog has fined seven healthcare supply companies and two executives a total of €8.9 million for rigging bids to provide the national health service with ambulances and various medical equipment.

15 December 2020

CADE settles another Operation Car Wash cartel probe

Three construction companies have agreed to pay a combined €9.9 million to settle a bid-rigging probe conducted by Brazil’s competition authority as part of Operation Car Wash, the country’s largest-ever antitrust investigation.

11 December 2020

Brazil

Featured in GCR 100 2021

Brazil’s competition bar continues to advise on leniency agreements and other matters related to the antitrust authority’s years-long Operation Car Wash probe – the country’s largest-ever behavioural investigation.

11 December 2020

CADE imposes interim measures on media company

Brazil’s competition authority has launched an abuse of dominance probe and imposed interim measures on a media company for allegedly including loyalty and rebate provisions in its contracts with advertising agencies.

04 December 2020

CADE conditionally clears Liquigás sale

Brazil’s competition authority has approved a consortium’s minority share acquisition of Liquigás – a subsidiary of the state-run Petrobras – conditioned on a “fix-it-first” remedy package that includes a complex assets swap between competitors in the liquefied petroleum gas sector.

23 November 2020

CADE settles with bank over alleged fintech app abuse

Bradesco, one of Brazil’s biggest banks, has agreed to pay a €3.6 million fine and committed to sharing customer data with a financial technology app to end an abuse of dominance investigation.

14 October 2020

Brazil fines car alarm maker for exclusivity contracts

Brazil’s antitrust watchdog has fined a manufacturer of vehicle electronic systems €1.2 million for abusing its dominance in the car alarm market.

13 August 2020

Brazil revokes suspension of WhatsApp payment deal

Brazil’s competition enforcer has lifted its suspension of a deal between Facebook and the country’s largest card payment processor Cielo, a week after it issued an injunction to halt the already launched payment services system via WhatsApp.

01 July 2020

Brazil fines power cables cartelists

Brazil’s Administrative Council for Economic Defence has fined four power cable cartelists €3.6 million for sharing markets and allocating customers.

16 April 2020

Kinsella retires, ex-CADE official opens boutique and BonelliErede promotes

Sidley Austin partner Stephen Kinsella has announced his retirement after more than 30 years in private practice, while a former official at Brazil’s antitrust watchdog has opened a boutique law firm and BonelliErede has promoted a partner in Italy.

20 December 2019

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