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Brazil: Antitrust regulator fines Unilever

 |  October 21, 2018

Brazil’s antitrust enforcer has fined Unilever for imposing exclusivity and rebates schemes on local retailers in the ice cream market.

According to CADE, the conviction occurred in a lawsuit that investigated company practices to prevent competitor access to points of sale in the municipalities of Rio de Janeiro and São Paulo.

CADE reported that “it values the adoption of good market practices and the conduct of the business in accordance with the laws”. The company, however, stated that it does not comment on ongoing processes and that it will defend its position in all appropriate instances.

Unilever also faces problems in Chile. Detergent companies Maritano and Cleaner have filed a complaint against Unilever before the National Economic Prosecutor’s Office, accusing the multinational of applying predatory prices.

Full Content: CPI

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