Work Area: Competition & Antitrust

Brazilian hospitals challenge CADE’s preliminary merger approval

Brazil’s competition authority is allowing nine hospitals to oppose an opinion by the agency’s investigative arm that provisionally blessed private hospital operator Rede D’Or’s proposed acquisition of health insurer SulAmérica.

06 December 2022

Argentina imposes rare structural remedy on nightclub cartel

Argentina’s antitrust watchdog has issued a rare decision to break up a nightclub operator while imposing US$1.5 million in fines on a cartel that fixed prices and divided a local discotheque market.

05 December 2022

Brazil challenges health insurance merger over duopoly concerns

Brazil’s competition authority has asked its administrative tribunal to block Hapvida's purchase of rival Smile, less than a year after prohibiting another attempted acquisition by the health insurance provider.

30 November 2022

Brigard Urrutia makes four new directors

Colombian Elite firm Brigard Urrutia has strengthened its competition, real estate, infrastructure and public law offerings by promoting four lawyers to director.

24 November 2022

Pharma buy first to pass phase II of Peru’s new antitrust law

Philippi Prietocarrizosa Ferrero DU & Uría (Peru) has helped local drug manufacturer Farmacéutica Euroandina acquire local counterpart Hersil in the first deal to pass the second phase of the country's new merger control regime.

18 November 2022

CADE punishes air fuel cartel

Brazil’s antitrust watchdog CADE has fined São Paulo’s main international airport and three jet fuel distributors a total of €27.4 million (US$27.3 million) for unlawfully refusing to lease storage space to a rival, in a decision that saw the agency’s tribunal split on how to calculate the penalty.

18 November 2022

Colombian aviation regulator grounds Avianca-Viva deal

Colombia’s national aviation authority has blocked a merger between the country’s largest airline Avianca and low-cost carrier Viva Air after the pair could not back up their failing firm defence and refused to offer remedies.

17 November 2022

Mexico fines LPG distributors in largest-ever cartel probe

Mexico’s competition authority COFECE has imposed what appears to be its highest-ever cartel fine – US$124 million – on 53 companies and 34 individuals for colluding to fix prices and share the market for the distribution of liquefied petroleum gas (LPG).

16 November 2022

Mexican firms in PE consortium’s US$16 billion bid for Nielsen

Creel, García-Cuéllar, Aiza y Enríquez SC has helped Brookfield in the Mexican part of the US asset manager’s US$16 billion global acquisition of data company Nielsen.

11 November 2022

Chile's competition tribunal gives first interlocking directorates fine

Chile’s competition tribunal has approved a first-of-its-kind settlement agreement with a bank accused of breaking rules that prevent directors from serving on the boards of rivals, ordering the company to pay a US$1.2 million fine.

10 November 2022

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