Competition Buzz: Third Parties under Merger Review in Brazil

By: Eduardo Caminati Anders & Guilherme Teno Castillho Misale

Overall, the corporate environment has been becoming more sophisticated when it comes to the structuring of corporate deals and transactions, many of which depicting significative interfaces with the competition realm. Indeed, complex transactions that require notification before the Administrative Council for Economic Defense (CADE) involving competitively sensitive markets may give rise to an opportune context for third parties with interests/rights affected by the future decision to seek the competition authority to submit counterpoints to the arguments of the parties, underlining the concerns arising from the case…

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