Antitrust Antitrust

Automated payment firm Veloe, two banks targeted in Brazil antitrust probe into automatic vehicle identification

By Ana Paula Candil
  • 21 Jan 2022 16:10
  • 21 Jan 2022 16:10
Automated payment firm Veloe, as well as banks Bradesco and Banco do Brasil, face a preliminary Brazilian investigation into their alleged anticompetitive practices in the market for payment by automatic vehicle identification, including tie-in sales and margin squeeze to leverage their business. 
Veloe is held by financial services company Alelo,

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Ana Paula Candil

Senior Correspondent, Latin America

Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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