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Brazil: ALL-Rumo merger intervened by antitrust watchdog

By  |  February 12, 2015

Brazilian antitrust body Cade has unanimously approved measures that would limit the actions of sugar and biofuel producer Rumo Logística and transport firm América Latina Logística , which are looking to merge operations.

Via an ACC Cade will require the companies to eliminate competition concerns, “primarily aiming to ensure equal service to rail freight transportation users, mainly through strengthening governance rules, adopting transparency on pricing criteria and limiting the use of rail freight transportation services by related parties,” ALL announced in a statement on Thursday.

The ACC will remain in force for up to seven years. With the agreement, the merger process will be allowed to move forward.

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