Budget Woes Delay Brazil’s Antitrust Reform

Law360, New York (April 11, 2011, 7:07 PM EDT) -- After a decade of delays and debates, a radical transformation of Brazil’s competition law is again stalled as budget worries put the legislation on hold until as late as next year.

Attorneys had expected the legislation — which would mark the biggest change to the nation’s modern antitrust regime since the framework was established in 1994 — to be passed by July. It has already cleared both houses of the legislature at least once, but is now not likely to go up for a final vote...
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