Work Area: Competition & Antitrust

CADE clears major telecoms merger but opens cartel probe

Brazil’s antitrust watchdog CADE conditionally approved the takeover of Oi by three of the country’s largest telecom operators on the same day that it accepted a recommendation by the federal prosecutor’s office to open an investigation into the acquirers over suspected collusion.

14 February 2022

Brazilian Coca-Cola bottlers complete US$1.8 billion merger

Brazilian drinks companies Solar and Grupo Simões have enlisted Ulhôa Canto, Rezende e Guerra Advogados and Pinheiro Neto Advogados, respectively, to conclude their merger worth some 10 billion reais (US$1.8 billion).

11 February 2022

Stonepeak gets antitrust approval in Peru for global tech buy

Rebaza, Alcázar & De Las Casas has helped US private equity group Stonepeak obtain approval from Peru’s antitrust authority – INDECOPI – for its acquisition of CenturyLink Perú, which is part of its US$2.7 billion acquisition of Lumen Technologies’ Latin American business.

19 January 2022

France's Vinci buys LatAm assets in US$6.2 billion energy tie-up

Construction company Vinci has enlisted Cuatrecasas offices in Spain, Chile, Mexico and Peru and Weil, Gotshal & Manges LLP in Paris to finalise its joint venture with Spanish counterpart ACS in a deal worth up to 5.5 billion euros (US$6.2 billion), handing the French buyer several Latin American energy projects.

11 January 2022

Von Wobeser appoints three partners and five counsel

Mexican Highly Recommended firm Von Wobeser y Sierra SC has announced the promotion of three partners and five counsel, boosting several departments.

14 December 2021

Competition partners foresee greater scrutiny of e-commerce and fintech deals

Latin American competition authorities refuse to be shaken by the covid-19 pandemic and are stepping up their scrutiny of the region’s fast-growing e-commerce and digital banking sectors, said speakers at a Latin Lawyer webinar earlier this week.

25 November 2021

Brolio Gonçalves nabs Veirano partner

Brolio Gonçalves Advogados has boosted its competition and compliance practices by hiring a partner from Brazilian Elite firm Veirano Advogados.

16 November 2021

Ecuador issues largest-ever gun-jumping fine

Ecuador’s competition authority has fined the conglomerate Sia Products over €2 million (US$2.6 million) for failing to notify the establishment of a new trust that gave it majority control over a paper products maker, marking the largest sanction the enforcer has ever imposed for gun-jumping.

12 November 2021

Carey promotes four to partner

Chilean Elite firm Carey has promoted four senior associates to partner, adding firepower to its M&A, banking and finance, capital markets, energy and antitrust groups.

09 November 2021

US firm Rimon expands in Colombia

Rimon Law has expanded its Bogotá office by hiring three partners and a group of associates from recognised Colombian competition outfit Ibarra Abogados, rebranding to Ibarra-Rimon with the move.

05 November 2021

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