Mergers & Acquisitions Mergers & Acquisitions

Localiza-Unidas merger could impact used-car prices for Brazil consumers, auto dealers tell CADE

By Caio Rinaldi
  • 24 Jun 2021 14:28
  • 24 Jun 2021 14:28
Auto dealerships in Brazil told the country’s competition authority the merger between car rental firms Localiza and Unidas could potentially harm their businesses due to an expected increase in market power once the deal is concluded. 

Auto dealerships buy used cars from car rental firms on a regular basis and argued that the

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