Brazil Pushes Antitrust Remedies On Education Merger

Law360, New York (December 5, 2013, 7:09 PM EST) -- Brazil's antitrust watchdog on Wednesday proposed allowing Anhanguera Educacional Participacoes SA and Kroton Educacional SA, two of the country's largest for-profit education providers, to merge, but only with conditions to keep the deal from harming competition for undergraduate services in three cities.

The general superintendent of the Council for Economic Defense, known as CADE, concluded that the deal didn't run the risk of limiting competition for many courses and locations, but found that the tie-up would give Kroton and Anhanguera too big a share of the...
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