In a press release given to CPI by CADE, Brazil’s antitrust authority, it has been announced that the body is now accepting public comments in CADE’s new policy proposal pertaining to settlements of investigations into anticompetitive conduct. Within the proposal includes clarifications on how settlements can be reached, noting that the agreements are subject to the party’s willingness to cooperate and collaborate with the investigations in cartel cases. The proposal would also require any settlement to only be reached with a party’s confession of involvement in an investigated cartel. To read the full press release and proposals, see below:
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