A PYMNTS Company

Brazil: CADE stresses need for resolution to anticompetitive airport

By  |  May 27, 2013

A member of Brazil’s antitrust regulator CADE has stated the need for a resolution to capacity limits of the nation’s two airports, which have been reportedly found to be harming competition between airlines. According to member Ricardo Ruiz, Brazil’s two main airports are currently running at near-maximum capacity, preventing new airlines from initiating operations there. Ruiz stressed the need for financial investments into Brazil’s eight largest airports to promote competition between airliners for the next two years. The remarks were made at a presentation in Sao Paulo.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Fox Business

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.