Brazil: LATAM, IAG airline deal poses competition problems

Brazil: LATAM, IAG airline deal poses competition problems

Brazil’s competition regulator Cade said on Monday that a deal between LATAM Airlines, British Airways and Iberia could have a negative impact on routes between Brazil and Europe. Chile-headquartered LATAM signed joint business agreements in January to deepen its ties with American Airlines Group and IAG’s British Airways and Iberia, all members of the Oneworld […]

Nearly 16 Years of the Leniency Program in Brazil: Breakthroughs and Challenges in Cartel Prosecution

Nearly 16 Years of the Leniency Program in Brazil: Breakthroughs and Challenges in Cartel Prosecution

By Amanda Athayde Linhares Martins & Andressa Lin Fidelis –  Since 2003, the prosecution of hardcore cartels has been a top priority in Brazil. The Leniency Program in Brazil has been one of the most important investigative tools for detecting collusive conduct among competitors. The Leniency Program has exhibited some breakthroughs achieved in terms of the amount of new leniency agreements signed, the […]

Private Damages in Brazil: Early Beginnings, Big Stumbling Blocks

Private Damages in Brazil: Early Beginnings, Big Stumbling Blocks

By Ana Paula Martinez & Mariana Tavares de Araujo Private antitrust enforcement in Brazil has been on the rise over the past six years. This may be due to such reasons as the global trend of antitrust authorities encouraging damage litigation by potential injured parties; the growing number of infringement decisions issued by Brazil’s antitrust agency, […]

Criminalization of Cartels and Leniency: An Exercise in Complexity

Criminalization of Cartels and Leniency: An Exercise in Complexity

This article is part of a Chronicle. See more from this Chronicle Marcelo Calliari, Sep 16, 2015 What change a decade brings. Ten years ago the calls for a spread of leniency policies were undisputed. Their success in detecting cartels in a few jurisdictions, notably the United States and the European Union, seemed to justify the […]

NOV-11(2)

In this issue: Brazil’s comprehensive overhaul of their competition law was signed into law on Nov. 30, 2011. We’re pleased to present this timely issue—including articles written by authors from within and outside Brazil as well as several formerly active in Brazil’s competition authorities—to explain the whats, whys, and wherefores behind the new legislation. Indeed, […]

JULY-10(1)

In this issue: Our Latin American issue is presented by Danny Sokol who, with Eleanor Fox, recently published Latin American Competition Law and Policy. In Argentina, Julián Peña takes a hard look at the increased judicialization of antitrust. Moving to Brazil,  Ana Paula Martinez, director of the SDE, provides a historical context for cartel enforcement […]

Decision-Making Powers and Institutional Design in Competition Cases: The Brazilian Experience

Ana Paula Martinez, Mariana Tavares de Araujo, Sep 11, 2014 This article discusses the experience of Brazil regarding institutional design and decision-making powers and Brazil’s efforts to enhance its convergence to international best practices, thereby improving Brazil’s competition law enforcement. We describe the history of Brazil’s competition law and policy system, and go on to […]

The New Brazilian Competition Law – Two Years On

This article is part of a Chronicle. See more from this Chronicle Paulo Leonardo Casagrande, Jul 16, 2014 On May 29, 2012, Law n. 12,529/11—the New Brazilian Competition Law—entered into force, after being enacted as a result of more than seven years of discussions within the Brazilian National Congress. The New Law superseded the first […]

Recent Trends in Leniency Agreements in Brazil

This article is part of a Chronicle. See more from this Chronicle Marcos Exposto, Luiz Galvao, Barbara Rosenberg, Sandra Terepins, Feb 26, 2014 For the past two decades, leniency programs have been growingly adopted by antitrust authorities around the globe as one of the main tools in cartel prosecution. As seen in other jurisdictions, the […]

Competition Between Credit Rating Agencies: A Brazilian Point of View

This article is part of a Chronicle. See more from this Chronicle Claudio Ribeiro de Lucinda, Jan 28, 2014 One of the most important issues in finance and, more specifically, in corporate finance, is the informational problems that plague financial contracting relationships-what information does each party need to know. A sizeable part of the literature […]

1 2 3