Check below the most important market news analized by KLA
specialists. In the August edition, you will find matters related
to Dispute Resolution and Arbitration, Tax, Antitrust, Public Law,
Capital Markets and Corporate and M&A.
COMPETITION & ANTITRUST
CADE ADOPTS NEW RESOLUTION TO GOVERN ITS INTERNAL
REGULATIONS
The new Internal Regulations of the Administrative Council for
Economic Defense (“CADE”) will come into force on
September 24, 2019. The resolution proposing the amendments was
published for public consultation in the second half of 2018 and
was approved by CADE’s Tribunal mid-June.
In addition to the amendments in the text to address the
standard concerns as to the adequacy of the existing regulations
that were enacted by Law 12.529 / 2011 (“Brazilian
Competition Law”), the new text introduces changes relating
to the commencement of proceedings and deadlines. Among said
changes, we highlight the ones pertaining to motions for
clarification of