'Streamlined' merger review procedure fails to convince

The Chairman of the Council for Economic Defence (CADE) has recently announced that Brazil’s ‘System for Economic Defence’ - the three-part regulatory structure consisting of CADE, the Economic Law Secretariat (SDE) and the Economic Analysis Secretariat (SEAE) - will adopt a simplified review procedure for ‘acts of concentration’ such as mergers, acquisitions and transfers of corporate control.