Brazil Antitrust Watchdog Ready For Complex Cases, Chief Says

Law360, New York (November 14, 2012, 6:06 PM EST) -- Despite early success clearing mergers under a new Brazilian law that some feared would yield deal-killing delays, the country's antitrust agency still has to prove it can efficiently handle complex transactions, top enforcer Carlos Ragazzo told Law360 in a recent interview.

When Brazil decided to change its law to require companies to win antitrust clearance before closing transactions, the bar and the business community worried staffing shortages and a nearly yearlong merger review period could hold up deals.

But since the new rules kicked in May...
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