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, which is owned

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

TAKE A FREE TRIAL

Latest News