Mergers & Acquisitions Mergers & Acquisitions

Localiza-Unidas merger won’t harm used car markets in Brazil, parties tell CADE

By Caio Rinaldi
  • 03 May 2021 15:28
  • 03 May 2021 15:28
Brazilian car rental companies Localiza and Unidas told the country’s competition authority the sale of used cars isn't the companies’ main economic activity, and that the merger between the two firms won’t harm competition in the retail or wholesale markets for used cars in Brazil.

Localiza and Unidas, two of Brazil’s largest

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