As analysts say 2013 was a major year for Brazil’s antitrust regulator CADE, one in which the authority showed its teeth and began to truly crackdown on anticompetitive behavior, reports say CADE shows no signs of slowing and is gearing up for an even stronger year ahead.
Reports say CADE’s order for telco giant Telefonica to reduce its grip on the telecom market is a sign of the authority heading towards a new competition regime. According to former CADE head Gesner Oliviera, the regulator “has been progressing over time and the law was a reflection of that.”
Further, reports say Brazilian lawyers are realizing the obstacles faced by those looking to appeal CADE decisions as the strength of the regulator grows and as the regulator collaborates more closely with the nation’s legal system.
Full Content: Global Legal Post
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile Faces Class-Action Lawsuit Over Sprint Merger After Appeal Denied
May 16, 2024 by
CPI
Google Faces Backlash Over Introduction of AI-Generated Summaries in Searches
May 16, 2024 by
CPI
CMA Launches Phase 2 Probe into AlphaTheta’s Acquisition of Serato
May 16, 2024 by
CPI
NFL Executive Escapes Testifying in High-Stakes Trial Over Televised Games
May 16, 2024 by
CPI
EU Consumers Lodge Complaint Against Chinese Retailer Temu Over Content Rules Breach
May 16, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI