Brazilian Watchdog Readies New Antitrust Regulations

Law360, New York (March 5, 2012, 8:52 PM EST) -- Brazil's competition watchdog spent the last week hammering out regulations set to come out later in March to help attorneys and companies navigate the upcoming transition to a new merger control system that will require parties to get antitrust approval before closing transactions, the regulator said Friday.

The Administrative Council for Economic Defense, more commonly known as CADE, plans to put the new rules online later in March and open them up for public feedback for 30 days.

Depending on when the rules are published —...
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