In the decision, the president of the agency informed that the measures to avoid market concentration are sufficient to maintain competition in the sector.
Brazil’s antitrust Administrative Council for Economic Defense (Cade) shelved an anti-competitive conduct lawsuit against Google. The technology giant had been accused of copying content from competitors and using it in its search engine.
The Administrative Council for Economic Defense (Cade), a watchdog linked to the Brazilian government, has opened an inquiry into supposed anti-competitive practices related to Google’s operational system Android in Brazil.
Members of the Administrative Board for Economic Defense (Cade) at a floor session today (Jun 11) voted four to two to approve Petrobras’s proposal to sell eight of Brazil’s state-controlled oil giant’s 13 refinement units.