Mexico’s competition enforcer has fined seven diagnostic equipment makers and 14 employees a reported €23.9 million (US$28.3 million) for rigging bids to provide the country’s national health service with lab studies and blood bank services.
Multi-disciplinary firm with strength in tax
Baker McKenzie LLP in London and Tokyo and Trench Rossi Watanabe in São Paulo have helped Japanese electronics giant Hitachi seal the Brazilian and Chilean stages of its US$6.85 billion acquisition of Swiss-Swedish company ABB’s power grid division.
Eminent dealmakers with strength in breadth
Guerrero Olivos has helped the Chilean branch of Spanish bank Santander incorporate a new credit card subsidiary, which aims to remodel the country’s existing payment processing system and challenge the long-standing market dominance of local credit card processor Transbank.
Mexico’s antitrust watchdog has fined four energy companies – including BAS Projects Corporation – for notifying an acquisition nearly a year after it was completed.
Motta Fernandes Advogados has increased the representation of women in its partnership by promoting three female lawyers to partner, strengthening its corporate, tax and competition practices.
Colombia’s antitrust enforcer has fined the country’s football federation and two ticket retailers over €4 million (US$4.5 million) for a conspiracy that inflated the price of tickets by up to 350% for FIFA World Cup qualifying events.
Campos Mello Advogados has formed a partnership with antitrust boutique Martorano Law, with the latter’s managing partner becoming of counsel and head of Campos Mello’s antitrust practice in São Paulo.
Mexico’s highest court has blocked an allegedly anticompetitive regulation that would effectively create a de facto monopoly over wholesale electricity distribution, after upholding a request by the country’s antitrust watchdog.