Uncertainty Reigns On Eve Of Brazil's Antitrust Overhaul

Law360, New York (May 25, 2012, 7:49 PM EDT) -- Brazilian lawmakers have approved new leadership for the country's antitrust agency less than a week before the country's new competition law takes effect Tuesday, but attorneys say the mood remains anxious as businesses and lawyers wait for the watchdog to issue final regulations for the overhaul.

The Senate confirmed Vinicius Marques de Carvalho, who had run the Ministry of Justice unit in charge of competition enforcement, as the new president for Brazil's Administrative Council for Economic Defense, or CADE, on Wednesday. Lawmakers also signed off on...
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