1 OVERVIEW OF COMPETITION LAW AND PRACTICE IN BRAZIL
At the administrative level,1 competition law and
practice in Brazil are governed by Law No. 12,529/11, which entered
into force on 29 May 2012 and replaced Law No. 8,884/94. The
Administrative Council for Economic Defense's (hereinafter,
'CADE') structure includes a Tribunal composed of a
President and six Commissioners, a Directorate-General for
Competition (hereinafter, 'DG') and an Economics
Department. The DG, which replaced the former Ministry of
Justice's Secretariat of Economic Law (the so-called SDE), is
the chief investigative body in matters related to anticompetitive
practices. CADE's Tribunal is responsible for adjudicating the
cases investigated by the DG – all decisions are subject to
judicial review.2 There are also two independent offices
within CADE: CADE's Legal Services, which represents CADE in
Court and may render opinions in all cases pending before CADE; and
the Federal Public Prosecutor's
