Antitrust Law in Brazil. Fighting Cartels
This book highlights the case of Brazil, a major economic player among developing countries. In seventeen years of enforcing the Brazilian Antitrust Law, Brazil’s Administrative Council for Economic Defence (CADE) has achieved outstanding results and has been recognized as the most effective antitrust enforcement agency in the developing world. This book is the first to describe and analyse the workings and case law of the CADE, emphasizing the agency’s fundamental methodology and focusing on the contributory roles of such factors as the following:
- mechanisms and procedures of enforcement of the Antitrust Law in Brazil;
- methodologies (tests) used for antitrust assessment (for merger and conduct controls);
- evaluation of barriers to entry and rivalry in analysed markets;
- assessment of proof and circumstantial evidence within CADE case law and court decisions;
- examination of rational justifications for practices under investigation;
- legality of exchange of information;
- leniency agreements;
- cease and desist agreements;
- cultural issues and modifications;
- civil and criminal enforcement;
- private damages considerations; and
- the role of international and regional competition law regimes (OECD, UNCTAD, WTO, ICN, Mercosur).
The book’s consolidated research on Brazil’s cartel investigations clearly describes the main defence theories and the courts’ decisions. The authors also explore the relationship of Brazil’s antitrust law to the country’s public policies in the areas of consumer rights, public procurement, and measures against corruption, with special emphasis on the synergies arising from antitrust law and consumer protection. It is worth noting that the studies carried out in this book discussed Law No. 8884/94 (Brazilian Antitrust Law) and the New Brazilian Antitrust Law, which was passed on 5 October 2011, and which will be enforced in 2012.
With its unique synthesis of constitutional law, comparative antitrust law, and CADE’s case law, this book will be welcomed by competition lawyers and other parties interested in methods and procedures used in merger and conduct control, and especially in anticartel enforcement, in developing countries.
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List of Abbreviations
Part I Brazilian Legal System: Postulates, Principles and Constitutional Rules
Chapter 1 Thoughts Underlying the Brazilian Legal System and the Notion of the Constitution
Chapter 2 Constitutional Postulates and the Enforcement of the Constitution /.
Chapter 3 Principles and Rules that Structure the Economic Order
Part II Competition/Antitrust and Horizontal Agreements: Cartels
Chapter 4 Brief History and the Evolution of Antitrust Law
Chapter 5 Context to Identify an Antitrust Violation Pursuant to Law No. 8884/94 and to the New Brazilian Antitrust Law
Chapter 6 Horizontal Agreements: Cartels and their Conditions
Part III International Antitrust Policy and the Tools Available for Fighting International Hard Core Cartels
Chapter 7 In the Multilateral International Plan
Chapter 8 Bilateral, Regional and National Scopes: Brazilian Experience Conclusion Case Studies
Annex A Brief Comparison between Law No. 8884/94 and the NBAL
Bibliographic References .
See what our clients are saying:
"It is a must have for anyone interested in the theory behind, and the evolution and workings of Antitrust Law in Brazil."
Christine Holland, Nottingham Law School, UK
"This thorough and informative volume on antitrust law in Brazil … is an especially welcome addition to the literature. ... The book is an unusual combination of theory, concept, doctrine, facts, and figures. It should be of value to practitioners and scholars alike."
Prof. Eleanor M. Fox, New York University School of Law, New York.