Cescon Barrieu act on the acquisition of Banco Digimais by Banvox
Cescon Barrieu advised Digimais Group on the divestment of Banco Digimais to Banvox, leading the M&A, antitrust (CADE), and capital markets fronts. Cescon Barrieu relied on several areas, with partners Tania Karina Liberman, Eduardo Simoes Lanna and associates Matheus Gomes do Nascimento and Roberta Silva. Team involved in CADE submission: partner Joyce Honda and associate Rafaella Schwartz.
Key Trends in Antitrust Enforcement – Brazil (2nd semester – 2024)
Our Antitrust Team presents the most relevant numbers, decisions, advocacy efforts and enforcement trends from CADE in the second semester of 2024.
CADE publishes the Guide for the Analysis of Non-Horizontal Mergers (Guide V+)
The Administrative Council for Economic Defense (CADE) has released the final version of Guide V+(in Portuguese), the Guide for the Analysis of Non-Horizontal Mergers. The Guide V+ was approved by CADE’s Tribunal at the 228th Ordinary Judgment Session held on April 17, 2024. The draft of Guide V+ had been under discussions at the antitrust […]
CADE Analyzes Controversies Regarding the Concept of Economic Group Applicable to Companies and Investment Funds for Merger Notification Purposes
On March 20, 2024, CADE’s Tribunal decided on the occurrence of gun jumping in a transaction carried out by IT services companies but did not impose penalties due to jurisprudential controversies concerning the notification of merger cases involving investment funds and shared control situations.
Equal Pay – regulation of Law No. 14,611/2023
Check out the details of the law change and the highlights of the new regulation now!
CADE’s Tribunal: Reestablishment of Quorum and main effects
On December 27, 2023, and shortly after his nomination was published in the Brazilian Official Journal , Diogo Thomson de Andrade took office as a commissioner of the Administrative Council for Economic Defense (“CADE”) for a four-year term. As a result, the minimum quorum of four commissioners for the functioning of the Tribunal has been reestablished.
CGU and CADE signed a technical cooperation agreement
Last Friday, on November 10, 2023, the Brazilian Office of the Comptroller General (“CGU”) and the Administrative Council for Economic Defense (“CADE”) signed the Technical Cooperation Agreement CGU/CADE No. 52/2023 (“Agreement”). The Agreement will be in force for 48 months.
CADE’s General Superintendence (GS) allows the participation of foreign attorneys in both online hearings and personal testimonies
The decision was rendered within the context of an investigation into an alleged cartel operating in the international aviation insurance and reinsurance brokerage market.
