Brazil’s national competition regulator, CADE, has opened an investigation into potential monopolistic practices conducted by media group Globo in the domestic football rights market, reported Sport Business.
CADE, which is an agency of the Brazilian government, has opened the probe following a complaint from an unnamed club. Given the complaint came from a single source, CADE has stated it needs to investigate and gather testimony from those directly involved.
Citing extracts from the CADE technical filing, the UOL Esporte website revealed that the regulator is taking action due to indications of monopolistic practice across multiple fronts. Chiefly, these involve Globo’s disputes with pay-television broadcaster Turner and Campeonato Brasileiro Série A club Flamengo.
Globo last month filed its latest claim against Turner after alleging that the broadcaster had illegally acquired rights to a number of Série A matches. Globo’s claim was filed in Rio de Janeiro’s Third Civil Court and demanded that Turner is banned from broadcasting any matches involving teams that have pay-television broadcast deals with the media group.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
T-Mobile’s Acquisition of Ka’ena Corporation Receives FCC Approval
Apr 26, 2024 by
CPI
UK Regulator Announces Two New Senior Executive Appointments
Apr 26, 2024 by
CPI
Paramount Global and Skydance Media Near Merger Deal, Eyeing CEO Change
Apr 26, 2024 by
CPI
BHP Unveils £31bn Mining Megamerger Proposal with Anglo American
Apr 25, 2024 by
nhoch@pymnts.com
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban Threats
Apr 25, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI