Ms Patrícia Avigni

Patrícia Avigni


Competition & Antitrust

CADE requires ex post review of transactions that do not meet minimum turnover thresholds
Brazil | 20 December 2018

The Administrative Council for Economic Defence (CADE) recently requested, for the second time, the compulsory notification of a transaction that did not meet the legal turnover thresholds. This right allows the authority to review the business strategies of successive small acquisitions or acquisitions of nascent rivals in the event that they do not trigger the turnover thresholds. The risk that the CADE may require notification seems to increase following complaints by competitors or third parties.