Carlos Ragazzo, Mar 13, 2012
Prices in the gas retail market were heavily regulated by the Brazilian government until the late 1990s. At the beginning of the last decade, prices were finally deregulated and, as an ensuing consequence, cartel complaints started. Although such behavior was to a certain extent expected due to the lack of previous competition in the market, such complaints became a problem as they represented the gross majority of sectoral complaints presented to the Brazilian Competition Policy System (“SBDC”). Given this fact, the main purpose of this article is to demonstrate how screens were used by competition authorities in Brazil in order to overcome such a problem.
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