Brazil: Drop in M&A activity suggests new antitrust authority works, say lawyers
The rate of mergers and acquisitions in Brazil has reportedly dropped since the induction of Cade, the nation’s antitrust authority, according to reports. The drop, however, may be attributed to the fact that there was an influx in closing deals just before Cade came into effect last May. According to Dealogic, the number of M&A (merger and acquisition) deals dropped from 428 in the three months before Cade came into effect to 190 in the three months after the antitrust body’s regulations began. Antitrust lawyers see the drop as a sign that Cade is “working well.”
Full Content: Euromoney
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 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