Public Competition Enforcement Review - Brazil Chapter
Chapter 5 - BRAZIL
2016 marked the four-year anniversary of the new Brazilian competition defence system, which entered into force in May 2012 when the current Brazilian Competition Act (Law No. 12,529/2011) revoked the previous Act (Law No. 8,884/94). The institutional framework introduced by the new system (which concentrated the roles of three competition agencies into one) has proven to be a significant improvement and added more efficiency to competition enforcement in Brazil, eliminating the unnecessary overlaps caused by the previous system.
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