According to reports, shareholders of Brazil’s largest foodmaker BRF-Brasil Foods SA have elected billionaire Abilio Diniz as chairman to the company as it seeks to expand and increase market power. Diniz will work to expand the company sine the 2009, $3.8 billion takeover of Sadia SA required BRF to divest assets from the deal. Diniz previously headed similar efforts for retail giant Pao de Acucar, where he reportedly directed 13 takeovers and tripled profit margins. Diniz is expected to seek new acquisitions abroad due to antitrust restraints already imposed on the dominating food company.
Featured News
Moratorium On State AI Regulations Clears Key Procedural Hurdle in Senate
Jun 22, 2025 by
CPI
Air Canada Disputes Competition Bureau’s Report on Airline Market
Jun 22, 2025 by
CPI
CMA Initiates Market Study on UK Road and Railway Infrastructure Delivery
Jun 22, 2025 by
CPI
Turkey Opens Antitrust Investigation into Google Over Digital Advertising Practices
Jun 22, 2025 by
CPI
Florida Legislature Pushes for Tougher Noncompete Restrictions
Jun 22, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Theories of Harm
Jun 17, 2025 by
CPI
What Do We Mean by Harm to the Competitive Process?
Jun 17, 2025 by
Sean Sullivan
Is There a Better Approach to Vertical Merger Analysis?
Jun 17, 2025 by
Bob Majure & Andrew Sfekas
California’s Ill-Advised Turn Toward Europeanized Theories of Harm For Single-Firm Conduct
Jun 17, 2025 by
Geoffrey Manne, Dirk Auer & Brian Albrecht
EU Competition Policy in Support of Democracy and Sustainability: What Theories of Harm When Moving Away From the Predominance of the Consumer Welfare Paradigm?
Jun 17, 2025 by
Marios C. Iacovides