Antitrust Antitrust

Brazilian brokerage XP violated remedy agreement, harming investment firms, Acqua-Vero tells CADE

By Caio Rinaldi
  • 24 Aug 2021 13:03
  • 24 Aug 2021 13:03
Brazil’s largest investment broker, XP Investimentos, deliberately failed to comply with the terms of a settlement it reached with the Brazilian competition authority related to the acquisition of a minority stake in the firm by major retail bank Itaú Unibanco, according to a complaint filed by investment firm Acqua-Vero.

Acqua-Vero told the Administrative

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