WASHINGTON – Despite its ongoing economic crisis, Brazil has continued to invest in antitrust enforcement, according to one of its top competition officials. New technologies, a 25% increase in staff, and other resources are helping what Alexandre Barreto, president of the Administrative Council for Economic Defense (CADE), says is leading to an uptick in the number of cases CADE is handling. This interview was recorded at the 2018 ABA annual Spring Antitrust Meeting.
WASHINGTON – Brazil’s ongoing economic troubles have not prevented that country’s competition law enforcers from carrying out their mandate, according to Alexandre Barreto, president of the Administrative Council for Economic Defense (CADE). In this interview, recorded at the 2018 ABA annual Spring Antitrust Meeting, de Souza says that his agency has continued to avoid transactional negotiations, instead calling upon companies to bring their own competition solutions to the bargaining table. The agency has also invested in hiring additional staff and improving its technology, including the development of a data mining project that maps anticompetitive economic trends.
by Whitney McKnight