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Under the agreements, Telefónica and Vivendi (the minority shareholder of Telefônica Brasil) may not access or share, directly or indirectly, confidential, strategic and competitively sensitive information
The meeting gathered experts in antitrust policy from the member countries
Through the TCCs signed with CADE, besides the pecuniary contribution to the Diffuse Rights Fund (FDD, in its acronym in Portuguese), the associations committed not to force the adoption of CBHPM by hospitals and health insurance plans
Fines imposed sum approximately BRL 65.7 million.
The document aims at establishing standards to be used as benchmarks for companies in their negotiations and evaluations in merger transactions, in order to avoid gun jumping
The companies and the individuals were condemned to the payment of fines in the total amount of BRL 19,6 million
The decision was published in the Official Gazette on 24 April 2015.
The agreement also states that Goiás Verde must refrain from using the brand Jurema within the Brazilian territory for two years.
Copagaz Distribuidora de Gás S/A for influenced an uniform commercial behavior in the market of distribution of liquefied petroleum gas (LPG)
CADE won the title of Agency of the Year – Americas during the annual award dinner held by the magazine Global Competition Review (GCR)
The charged parties will be notified to present their defenses.
In total, BRL 18.3 million will be collected to the Diffused Rights Fund (FDD for its acronym in Portuguese).
Among the obligations, the companies will have to carry out divestments
CADE’s Tribunal, which will be responsible for the final decision on the approval, blockage or adoption of eventual remedies
The evidence obtained through the Leniency Agreement, as well as other evidence eventually collected by SG/CADE, may be used by the MPF/PR in criminal proceedings.
In total, the imposed fines totalize approximately BRL 383,000
Will be imposed a fine of BRL 26.5 million.
By the signature of the agreements, the agency and the institutions undertake to share information of mutual interest
All together, the fines imposed are of R$13.5 million
CADE approved the creation of a joint venture between GlaxoSmithKline PLC. - GSK - and Novartis AG conditioned to the signature of a Merger Control Agreement
he first transaction consists in the division of Telco S.p.A., holding company with interest in Telecom Italia, the second regards the acquisition of GVT
CADE opened, on 13 February 2015, three administrative proceedings to investigate alleged cartel practices in the national and international auto parts markets.
The ACC foresees a series of measures that aim to move away possible anticompetitive conducts
CADE recommended to the Tribunal the approval of a joint venture conditioned to the signature of a Merger Control Agreement
In total, BRL 53.1 million will be collected to the Fund for the Defence of Diffused Rights
CADE determined that the acquisition of Brasfrigo Alimentos Ltda. by Goiás Verde Alimentos Ltda. would have been closed before the notification and approval of the agency – practice known as gun jumping.
In 15 days, more than 1,000 cases are dealt with entirely in CADE’s electronic platform for case management
On the same period, the new tool also registered 416 accreditations of external users
The approval of the transaction is conditioned to the fulfillment of measures foreseen in a Merger Control Agreement
CADE signs agreement in cartel investigation in the market of medical and hospital services provision in the Federal Distric
Rede D’Or must collect approximately BRL 4 million as a pecuniary contribution.
The conduct would have taken place between 2003 and 2005.