Cade

Brazil's antitrust regulator CADE has approved American Airlines' $100 million equity investment for an approximately 8% minority stake in Azul, removing the final regulatory hurdle for the deal. The approval was announced in a post on The Rio Times.

Brazil's antitrust watchdog CADE has recommended condemning and fining Bayer and Monsanto for alleged anti-competitive practices in the biotech seed market. The recommendation is part of a long-running dispute over soybean products.

Brazil's top three telecom providers—TIM, Vivo, and Claro—face a congressional probe over their 2022 acquisition of Oi Móvel's assets for R$16.5 billion. The Federal Public Ministry (MPF) has alleged collusion in the deal, which was approved by regulators Anatel and CADE, and recommended its rejection.

Brazil’s antitrust body, CADE, may reopen an investigation into Uber for allegedly abusing its dominant position in the ride-hailing app market. The probe was initiated following a complaint from startup StopClub, which provides tools for drivers to assess ride profitability.

Brazil’s antitrust regulator CADE requested additional information from Claro and Desktop regarding their planned merger, granting 15 days to address concerns about overlapping telecom services. The merger, agreed in March, involves Claro acquiring approximately 73% of Desktop.

Brazil’s antitrust body Cade revived a case against China-backed delivery app 99Food. Market leader iFood requested an investigation into 99Food and Keeta for below-cost pricing. 99Food is owned by China’s DiDi, and Keeta by China’s Meituan.

iFood, Brazil’s leading food-delivery app, requested an antitrust investigation into two Chinese-backed competitors, 99Food (owned by DiDi) and Keeta (Meituan’s overseas brand), alleging they use deep discounts to gain market advantage.