It has been two years since the enactment of the Brazilian Antitrust Law, which replaced the previous merger notification system, this new system is about to receive some needed updates CADE announced.
The Administrative Council for Economic Defence (CADE) announced that they are setting clarifications of those aspects of Brazil’s new merger notification system that require adjustment to allow for a more transparent, consistent and efficient manner to address antitrust assessments.
The changes aim at addressing material and procedural aspects of the merger clearance system, as well as behavior- and compliance-related aspects that may not have been addressed sufficiently by the Brazilian Antitrust Law or its regulations.
President Carvalho has announced that the regulation drafts that shall be submitted for public consultation will provide clearer grounds concerning the procedures to be observed in pre-notification consultancies and general consultancies.
Full Content: Mondaq
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
CVS Health Explores Potential Breakup Amid Investor Pressure: Report
Oct 3, 2024 by
CPI
DirecTV Acquires Dish TV, Creating 20 Million-Subscriber Powerhouse
Oct 3, 2024 by
CPI
South Korea Fines Kakao Mobility $54.8 Million for Anti-Competitive Practices
Oct 3, 2024 by
CPI
Google Offers Settlement in India’s Antitrust Case Regarding Smart TVs
Oct 3, 2024 by
CPI
Attorney Challenges NCAA’s $2.78 Billion Settlement in Landmark Antitrust Cases
Oct 3, 2024 by
nhoch@pymnts.com
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh