Post by nurnobi85 on Feb 12, 2024 1:29:23 GMT -5
Castellanos Pfeiffer. When analyzing the purchase of all shares in Krone and Krone Digital by ADC, he exempted the operation from Cade's analysis. Although ADC's worldwide revenue is R$2.38 billion, in Brazil it is only R$7 million. Therefore, Pfeiffer understood that the operation did not represent a risk to competition. He was unanimously supported and suggested that the decision give rise to the summary. On October 18, Cade published its number one summary, which says: “In applying the criteria established in article 54, paragraph 3, of Law 8,884/94, the annual gross revenue recorded exclusively in Brazilian territory by companies is relevant. or group of companies participating in the merger.
Councilor Roberto Pfeiffer, in his vote in the ADC case, also demonstrated that, of the total number of concentration cases approved with some restriction by Cade in the last three years, the companies' revenue was equal to or greater than R$400 million in national territory or had a 20% share of Dubai Email List the relevant Brazilian market. It is concluded that, when the company or group does not fit into any of these cases, the operation carried out by it does not harm free competition in the country. In short: Cade was having unnecessary work. The publication of the summary and the reduction in processes since January had a direct impact on speeding up the cases analyzed by the council and, consequently, making.
Companieso perations faster The decision is important because it saves the state machinery from analyzing operations that do not need to be analyzed”, celebrates lawyer specializing in Corporate and Contract Law Aloísio Carneiro da Cunha Menegazzo , from Emerenciano, Baggio e Associados. The measure, as considered by lawyer Lauro Celidônio , from Mattos Filho Advogados, does not pose any risk to free competition. Data presented by counselor Pfeiffer proves this, so far. Summary 1 Although Cade has existed since 1962 and became an agency of the Ministry of Justice in 1964, the publication of summaries was only permitted in February of this year, with the publication of Resolution.
Councilor Roberto Pfeiffer, in his vote in the ADC case, also demonstrated that, of the total number of concentration cases approved with some restriction by Cade in the last three years, the companies' revenue was equal to or greater than R$400 million in national territory or had a 20% share of Dubai Email List the relevant Brazilian market. It is concluded that, when the company or group does not fit into any of these cases, the operation carried out by it does not harm free competition in the country. In short: Cade was having unnecessary work. The publication of the summary and the reduction in processes since January had a direct impact on speeding up the cases analyzed by the council and, consequently, making.
Companieso perations faster The decision is important because it saves the state machinery from analyzing operations that do not need to be analyzed”, celebrates lawyer specializing in Corporate and Contract Law Aloísio Carneiro da Cunha Menegazzo , from Emerenciano, Baggio e Associados. The measure, as considered by lawyer Lauro Celidônio , from Mattos Filho Advogados, does not pose any risk to free competition. Data presented by counselor Pfeiffer proves this, so far. Summary 1 Although Cade has existed since 1962 and became an agency of the Ministry of Justice in 1964, the publication of summaries was only permitted in February of this year, with the publication of Resolution.