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Brazil has strong antitrust laws and can determine that different companies with a common major stakeholder are an "economic group". They have had issues in th
by venusenvy47 2y ago
Brazil has strong antitrust laws and can determine that different companies with a common major stakeholder are an "economic group". They have had issues in the past with wealthy people controlling multiple companies and creating an anti-competitive market, so they created these laws to combat such a thing.
- waihtis 2y agoThank you, this is actually useful context
- venusenvy47 2y agoAn internet search with terms such as "Brazil" "CADE" (their regulatory body) and "economic group" will give good results. Here is an article that discusses a 20% threshold of ownership to be considered in an "economic group". https://www.mattosfilho.com.br/en/unico/cade-criteria-economic-groups/ https://www.mattosfilho.com.br/en/unico/cade-criteria-econom...