Region: Latin America & Caribbean

Community round-up: Firms promote in Mexico and Portugal

Morais Leitão Galvão Teles Soares da Silva & Associados and Baker McKenzie have each promoted an associate to partner in their respective offices in Lisbon and Mexico City.

08 July 2022

Community round-up: Osborne Clarke partner appointed General Court judge

EU member state government representatives have appointed Osborne Clarke competition partner Steven Verschuur as a judge at the EU’s General Court, while Baker McKenzie has promoted a special counsel to its partnership in Beijing.

04 July 2022

Latin America should expect influx of no-poach cases, says former enforcer

Antitrust agencies in South America are following in the footsteps of those in the US and Europe by turning their focus to probing collusion in the labour market, a former Brazilian enforcer has said.

28 June 2022

Brazil agrees more settlements in sprawling Operation Car Wash probe

Brazil’s competition tribunal has closed a dozen cartel probes into four construction companies that rigged public tenders for various infrastructure projects, after approving nearly 20 separate settlements worth €87 million.

09 June 2022

Argentinian court rejects request to suspend remedies in Disney/Fox

An Argentinian appellate court has dismissed a request by The Walt Disney Company to suspend behavioural conditions imposed by the country’s competition authority on its $71.3 billion purchase of 21st Century Fox as there is no legal cause to impose such an injunction.

30 May 2022

CADE conditionally clears Carrefour deal

Brazil’s competition authority has conditionally approved a local Carrefour subsidiary’s acquisition of rival supermarket Grupo Big after developing novel IT software to analyse data from across the retail food sector.

26 May 2022

Brazil hits Veolia with highest possible gun-jumping fine

Veolia has agreed to pay an €11.6 million gun-jumping penalty after Brazil’s competition watchdog found that the French water and waste management company failed to notify the first step of its hostile takeover of rival Suez.

26 May 2022

CADE sanctions telecom operators for illegal consortium

Brazil’s antitrust watchdog has fined three of the country’s largest telecommunications service providers a combined €146 million for forming an unlawful consortium to win a public tender from a state-owned postal services provider for certain data transmission services.

12 May 2022

Brazil issues multiple cartel fines

The Brazilian antitrust watchdog has doled out cartel penalties totalling €17 million as part of two separate investigations that found companies rigged bids in the markets for polyethylene pipes and medical supplies.

28 April 2022

Peru fines supermarkets for fixing turkey prices over Christmas

Peru’s competition authority has fined four supermarkets and a poultry supplier a combined €4.25 million, after they colluded to fix the price of whole turkeys sold over the Christmas period for seven years.

27 April 2022

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