Brazil Merger Filings To Drop As Gov't Raises Thresholds

Law360, New York (May 31, 2012, 8:47 PM EDT) -- Two days after Brazil's new competition law took effect, the government hiked the thresholds Thursday for transactions to trigger a review under the country's new preclosing merger control system, slashing the number of deals the antitrust agency will have to examine amid the transition.

The Ministries of Justice and Finance raised the minimum levels of turnover needed to require an antitrust review from 400 million reais ($201 million) for one party and 30 million reais for the other to 750 million reais and 75 million reais,...
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