Work Area: Competition & Antitrust

Chilean and Brazilian firms in Hitachi-ABB US$6.85 billion power deal

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.

05 August 2020

Santander venture to shake up credit card competition in Chile

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.

31 July 2020

Mexico fines energy companies for gun jumping

Mexico’s antitrust watchdog has fined four energy companies – including BAS Projects Corporation – for notifying an acquisition nearly a year after it was completed.

27 July 2020

Brazil's Motta Fernandes promotes three women to partner

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.

20 July 2020

Colombia fines football ticket cartel

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.

13 July 2020

Campos Mello hires of counsel as new antitrust head

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.

07 July 2020

Mexican Supreme Court backs antitrust agency in energy dispute

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.

06 July 2020

Brazil revokes suspension of WhatsApp payment deal

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.

02 July 2020

Who is in LACCA Approved 2021?

With so many options out there, it can be hard to decide which external counsel to hire, so legal teams often prefer to go off recommendations. Ahead of the release of the 2021 edition of LACCA Approved, we take a sneak peek at the list of Latin America’s leading law firm partners, as voted for by in-house counsel.

29 June 2020

Mexican enforcer picks fight with government over electricity rules

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.

25 June 2020

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