CADE: Keeping a Sharp Eye Brazil Antitrust Report
13 November 2019 00:00
Tightening cartel scrutiny and merger rules in Brazil emerge as a focus of this year’s IBRAC competition conference.
This year’s IBRAC competition conference in Brazil was one of the most eventful in years, with officials from the national antitrust agency briefing on themes seldom discussed previously and responding the lively questioning.
Among themes to emerge as in focus for the National Council for Economic Defense, or CADE, were how officials will treat its controversial new resolution on confidentiality of documents in cartel leniency agreements; what they think about algorithm collusion and cartels where cutting-edge technology is used for collusion; and even the agency’s view of the government’s plan to privatize state companies.
The health of the agency itself was also a theme, with updates on how its months of lacking a quorum has affected it, and its tightening stance on recommending fines in cartel cases.
Our senior Latin America correspondent Ana Paula Candil reported from the Nov. 6-8 conference and brings snapshots alongside rich insight in this special report, an example of MLex’s broad stable of world-class antitrust reporting.
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