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.
Brazil’s competition enforcer has lifted its suspension of a deal between Facebook and the country’s largest card payment processor Cielo, a week after it issued an injunction to halt the already launched payment services system via WhatsApp.
Transactional and disputes blue chip
Mexico’s antitrust watchdog has urged the country’s highest court to block a government regulation that effectively grants the state-owned energy company a de facto monopoly over wholesale electricity distribution, warning that it violates the constitution and harms competition.
An appellate court in Bogotá has overturned a decision by the Colombian competition authority that temporarily suspended Uber’s operations, finding that the enforcer relied on a flawed interpretation of the statute of limitations.
A Mexican lawmaker has postponed a proposal to unify the country’s competition enforcer with two other regulators after opposition lawmakers criticised the plan as a power grab.
Banking prestige with new global platform
Chile’s antitrust watchdog has approved Copec’s acquisition of a local fuel station after the companies argued that it would otherwise go out of business because of the coronavirus pandemic.
Brazil’s antitrust enforcer has allowed a group of global food and beverage manufacturers including Coca-Cola, Nestlé and PepsiCo to pool their efforts as a response to the covid-19 pandemic.
Latin Lawyer recently published an article about Roemmers buying Laboratorios Haymann, omitting Posadas, Posadas & Vecino's role in the deal. An updated version of the story follows below: