The New Brazilian Merger Control
5 Pages Posted: 9 Jan 2012
Date Written: January 9, 2012
The new Brazilian regime for merger control was established by Law 12529 of November 30th, 2011, bringing antitrust and merger control largely in line with OECD and ICN recommendations. Major institutional changes was the concentration of merger control in only one institution (CADE), replacing the previous tripartite system, and the extension of the mandates of Commissioners from 2 to 4 years. Pre-notification is now mandatory and the law has clarified the conditions for notification. The paper reviews the changes introduced by the law and refers some future challenges for implementation.
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