CADE recognizes gun jumping involving Digesto and JusBrasil

News Competition Portuguese Sanctions & Fines

Date: 20th Mar, 2024 Source: Administrative Council for Economic Defense (CADE) Country: Brazil Original Source

Brief

Summary

On March 20, 2023, the Administrative Council for Economic Defense (CADE) recognized that the companies Digesto and JusBrasil formalized a concentration act without prior CADE approval, a practice known as "gun jumping"". Although the violation was observed

O Conselho Administrativo de Defesa Econômica ( Cade ) reconheceu, nesta quarta-feira (20/03), que as empresas Digesto e JusBrasil formalizaram um ato de concentração antes do aval do Cade , prática conhecida como gun jumping . Embora tenha sido observada a infração, o Tribunal Administrativo do órgão deixou de aplicar multa em razão de controvérsia

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Administrative Council for Economic Defense (CADE)

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CADE recognizes gun jumping involving Digesto and JusBrasil

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Administrative Council for Economic Defense (CADE)

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CADE recognizes gun jumping involving Digesto and JusBrasil

Brief

Administrative Council for Economic Defense (CADE)

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