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With new Antitrust Act in effect, Cade estimates 40% fewer M&A cases to review

By  |  May 30, 2012
With new Antitrust Act in effect, Cade estimates 40% fewer M&A cases to review

Brazil’s new Antitrust Act became effective on May 29, 2012. The nation’s competition regulator, Cade, estimates that the number of M&A cases it reviews will decline by 40 percent as a result of new regulations under the Act. The new law sets a minimum threshold for Cade review so that it can limit its oversight to large market players. Cade will now review only those transactions where the acquirer earns at least 750 million reals (approximately $377 million) in annual revenue.

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    Full content: Reuters Africa

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    Related content: Brazil’s New Competition Law: Promising but Challenging (Ana Paula Martinez & Mariana Tavares de Araujo, Levy & Salomao)

     

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