Region: Brazil

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

Baker McKenzie global antitrust head leaves for Tauil & Chequer

A Brazilian firm has hired Trench Rossi Watanabe partner and Baker McKenzie global antitrust head Francisco Todorov, as well adding two other partners and five associates.

15 November 2019

Brazil

Featured in Competition Economics Handbook 2020

06 November 2019

CADE probes drugmaker for price hike

Brazil’s public prosecutor has complained against Gilead Sciences to the country’s competition enforcer, reportedly about the drugmaker raising the price of a hepatitis C medication by more than 1400%.

28 October 2019

CADE president: challenges to merger decisions are important

Third-party challenges to merger decisions by Brazil’s competition authority are “a very important part of the process”, the agency’s president has said.

11 October 2019

Brazil and Korea grapple with women’s role in antitrust enforcement

Competition authorities overseeing two of the largest economies in the world have faced questions about the presence of women – or lack thereof – at those agencies.

25 September 2019

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