Work Area: Competition & Antitrust

Brazil boosts focus on corruption beyond its borders

A Brazilian federal anti-corruption agency is expanding its focus on bribery that occurs outside of the country but involves Brazilian companies or public officials.

02 November 2022

Mexico breaks up bus cartel

Mexico’s Federal Economic Competition Commission (COFECE) has fined 18 bus companies and 31 of their executives more than 1.2 billion pesos (US$61 million) for fixing prices and dividing the market in what is thought to be its highest-ever cartel fine.

28 October 2022

CADE head calls to investigate pollsters amid presidential election

The president of Brazil’s antitrust enforcer CADE has asked his agency to probe if several research institutes colluded to manipulate election polling results – and ultimately the country’s general elections.

21 October 2022

Mexican market study finds competition restrictions in fuel market

Mexico’s competition authority has found a lack of effective competition in the distribution of liquefied petroleum gas to consumers in almost all local markets, paving the way for potential government price controls.

20 October 2022

Bustamante Fabara adds seven directors

Ecuador’s Bustamante Fabara has promoted seven associates to director, strengthening several of its practice areas.

17 October 2022

Chilean competition tribunal gives first fine under new regime

Chile’s competition tribunal has confirmed a settlement between the country’s antitrust watchdog and a shipping company, marking the first time the authority has successfully challenged a completed deal that wasn't notified.

17 October 2022

PBP promotes three to director in Ecuador

Pérez Bustamante & Ponce (PBP) has strengthened its tax, competition and disputes practices in Quito by promoting three associates to director.

11 October 2022

Peru's Bullard Falla opens Madrid office

Peruvian arbitration-focused firm Bullard, Falla, Ezcurra + has opened an office in Madrid headed by founding partner Alfredo Bullard as part of an “ambitious international expansion plan”.

04 October 2022

CADE approves KKR’s US$2.2 billion purchase of ContourGlobal

Pinheiro Neto Advogados in São Paulo has helped secure antitrust approval for US private equity group KKR’s £1.7 billion (US$2.2 billion) acquisition of British power generation company ContourGlobal, which was announced earlier this year.

07 September 2022

CADE approves Ultrapar pharma divestment with remedies

Lefosse has helped Brazil’s Pague Menos acquire fellow pharmacy chain Extrafarma from local conglomerate Ultrapar for 737 million reais (US$143 million), a deal in which antitrust watchdog CADE has requested the target to sell certain assets.

30 August 2022

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