By: Eduardo Caminati Anders & Guilherme Teno Castillho Missali
Yesterday we celebrated the 5th anniversary of Law 12,529/2011 (Brazilian Antitrust Law), which revoked the Law 8,884/1994, after nearly 18 years in effect. The Law 12,529/2011 reframed the Brazilian Competition Defense System (SBDC) and gave rise to material and procedural changes to the Brazilian competition framework. The Brazilian antitrust policy – and society – have benefitted from those changes, which, in turn, paved the way to a pattern aligned with the main international jurisdictions.
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