Antitrust Antitrust

CADE can only take action against high banking fees, interest rates if there's evidence of anticompetitive conduct, agency president says

By Caio Rinaldi
  • 23 Mar 2020 10:06
  • 23 Mar 2020 10:30
The Brazilian competition authority could only take action on the lack of competition in the national financial market —and the high fees and interest rates that result — if it finds evidence of anticompetitive conduct such as price fixing, the agency's president told the Brazilian Senate's Economics Committee. The ever-growing profits

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