Brazil Initiative
Competition policy is essential for fostering sustainable development and innovation in Brazil’s dynamic economy. The Administrative Council for Economic Defense (CADE) plays a key role in this transformation, and its influence on the country’s economy has increased. CADE ensures market fairness and integrity by closely monitoring mergers and acquisitions and actively fighting against cartels and abuses of dominant positions.
CADE’s supervision promotes economic growth beyond regulatory achievements. CADE’s initiatives contributed R$ 12.46 billion (US$2.5 billion) to the Brazilian economy in 2022. Merger control generated R$ 6 billion, fining cartels resulted in R$ 5.3 billion, and unilateral conduct cases brought in R$ 1.1 billion. CADE’s assessment and endorsement of more than 600 mergers in 2023 highlight its crucial function in influencing a competitive and lively market.
CADE’s robust competition policy promotes innovation and market efficiency, going beyond economic metrics. Consumers benefit from receiving superior quality goods and services at lower prices. A competitive environment enhances Brazil’s economy and promotes business and entrepreneurship.
The Lab’s Brazil Program enhances understanding and encourages discussion on the intricate connection between competition policy and emerging sectors such as the digital economy and artificial intelligence. We are consistently intrigued by market dynamics and the interplay among antitrust policy, sector regulation, and public policy.
Our goal is to comprehend Brazil’s market environment and enhance policymaking to promote market competition and technological innovation through advanced research and engaging discussions. The Lab’s program in Brazil contributes to the ongoing discussion to maintain Brazil’s competition policy as a global example of economic resilience and creativity.
Events
Advisory Board
Barbara Rosenberg
Patricia Sampaio
Nicolo Zingales
Juliana Oliveira Domingues
Luiz Felipe Monteiro Seixas
Vinicius Klein
Renê Medrado
Our Research
Litigation in the Health Sector as a Predatory Practice and the Competition Challenges of Judicial Activism in Brazil
Predatory litigation has become increasingly prevalent in Brazil’s health and pharmaceutical markets, serving as a mechanism to delay the entry…
Brazil’s Regulatory Approach to Digital Platforms
An Evidence-Based Analysis and Comparative Assessment This paper critically analyzes Brazil’s recent proposals and ongoing initiatives for regulating digital platforms,…
Comments to the Brazilian Ministry of Economy’s Consultations on Digital Platforms Regulation
With the purpose of contributing with the Ministry of Economy’s consultations on the regulation of digital platforms (Consultations No. 1,…
The Regulation of Competition in Brazil: Comments on the Digital Markets Law Bill (PL 2768/2022)
The bill presently under consideration in the Brazilian Congress, referred to as Bill No. 2768/2022 (hereafter “the Bill”), merits a…