Antitrust Antitrust

Adyen imposes entry barriers in payment acquiring market, Safra tells Brazil’s CADE

By Paula Mariane
  • 29 Mar 2023 19:40
  • 29 Mar 2023 19:40
Brazilian bank Safra and its payment acquirer, SafraPay Credenciadora, have told the national competition agency that rival Adyen abuses its dominant position and imposes entry barriers in the payment acquiring market.
The Administrative Council for Economic Defense, or CADE, is analyzing Safra’s request to reopen an antitrust probe into Adyen

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Paula Mariane

Correspondent, Latin America

Paula is a journalist and photographer from Brazil with more than 10 years of experience in covering social, political and international affairs. Before joining MLex, she worked at CNN Brasil and Al Jazeera as a writer and producer. TEDx speaker and author of the book “Bonds of Honor,” Paula is the first civilian to produce a long-term photographic series of the Brazilian Army.

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