Antitrust Antitrust

Naspers rebuts CADE gun-jumping charges in deal with Delivery Hero

By Ana Paula Candil
  • 27 Jul 2022 15:37
  • 27 Jul 2022 15:37
South Africa-based Internet and entertainment group Naspers Limited has rebutted the Brazilian competition authority’s charges that it jumped the gun by failing to notify a 2017 transaction with Germany-based food-delivery app Delivery Hero.

Federal prosecutors within the Administrative Council for Economic Defense, or CADE, in late June recommended that the Tribunal fine Naspers

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