Post by account_disabled on Mar 6, 2024 1:54:43 GMT -5
As promised, the rules for analyzing acts of economic concentration of companies by the Administrative Council for Economic Defense have changed. According to Interministerial Ordinance /, published in the Official Gazette of the Union this Thursday (/), the council is now obliged to evaluate purchases and mergers that involve, on the one hand, companies that earn R$ million per year and, on the other, R$ million.
The ordinance, signed by the Ministers of Finance and Justice, Guido Mantega and José Eduardo Cardozo, respectively, was edited to amend article , items I and II, of the new According to the original text, Cade was obliged to evaluate operations between companies that earn at least R$ million per year and R$ million per year.
Paragraph of article of the law already says that Cade BTC Number Data can, administratively, change these rules. When he went through the Senate hearing, before taking office, the president of Cade, Vinícius Marques de Carvalho, stated that he intended to make precisely this change. The new ordinance is part of a series of regulations approved in recent days.
As lawyer Ademir Antonio Pereira Jr. , from the Advocacia José Del Chiaro firm, had already explained to the report in Consultor Jurídica magazine , the rule change marks an adjustment in Cade's focus. With the news, the council will only focus on operations with great economic impact, he assesses.
The new Cade Law already represented this idea. The old law forced Cade to study all purchases made by companies with annual revenues of over R$ million. Petrobras bought a micro-company with a specific activity, Cade should analyze it, for example,” said the lawyer.
Adequate, after indication by the Plenary of the Administrative Council for Economic Defense - CADE, the values contained in art.
THE MINISTER OF STATE FOR JUSTICE AND THE MINISTER OF STATE FOR FINANCE in the use of the powers conferred on them by November.
The ordinance, signed by the Ministers of Finance and Justice, Guido Mantega and José Eduardo Cardozo, respectively, was edited to amend article , items I and II, of the new According to the original text, Cade was obliged to evaluate operations between companies that earn at least R$ million per year and R$ million per year.
Paragraph of article of the law already says that Cade BTC Number Data can, administratively, change these rules. When he went through the Senate hearing, before taking office, the president of Cade, Vinícius Marques de Carvalho, stated that he intended to make precisely this change. The new ordinance is part of a series of regulations approved in recent days.
As lawyer Ademir Antonio Pereira Jr. , from the Advocacia José Del Chiaro firm, had already explained to the report in Consultor Jurídica magazine , the rule change marks an adjustment in Cade's focus. With the news, the council will only focus on operations with great economic impact, he assesses.
The new Cade Law already represented this idea. The old law forced Cade to study all purchases made by companies with annual revenues of over R$ million. Petrobras bought a micro-company with a specific activity, Cade should analyze it, for example,” said the lawyer.
Adequate, after indication by the Plenary of the Administrative Council for Economic Defense - CADE, the values contained in art.
THE MINISTER OF STATE FOR JUSTICE AND THE MINISTER OF STATE FOR FINANCE in the use of the powers conferred on them by November.