Global Competition Law is primarly a practitioner's guide presenting the most salient aspects of the major competition laws country by country, giving an overview of their structure and most charasteristic elements.
Global Competition Law also provides insight into possible future developments in the field.

Global Competition Law

In the case of a conditional authorization, the Tribunal will attach commitments designed to mitigate its competition concerns. Under Section 61 of the Competition Act, commitments may include the sale of assets or of control, divestment of the company, accounting or legal separation of activities, compulsory licensing of IP rights or any other measure necessary to eliminate the anticompetitive ef …

Conditions and commitments - Divestiture

In the case of a conditional authorization, the Tribunal will attach commitments designed to mitigate its competition concerns. Under Section 61 of the Competition Act, commitments may include the sale of assets or of control, divestment of the company, accounting or legal separation of activities, compulsory licensing of IP rights or any other measure necessary to eliminate the anticompetitive effects.

In October 2018, the CADE issued Guidelines on remedies which increase predictability and transparency for undertakings on the matter.

Pursuant to Section 88, paragraph 3, acts implementing a merger before clearance are void and punishable with a fine of R$60,000 (US$ 11,460) to R$60 million (US$ 11,460,000). In addition, where an authorization has been granted on the basis of false or misleading information, or the conditions attached to the decision have not been respected or the benefits expected are not reached, the undertakings concerned incur a fine of R$60,000 (US$ 11,460) to R$6 million (US$ 1.146 million).

Global Competition Law

847. Conditions and commitments - Divestiture

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Les notions juridiques connexes

847. Conditions and commitments - Divestiture

Demandez un accès gratuit au contenu exclusif Livv – juristes d’entreprise

Les notions juridiques connexes

Demandez un accès gratuit
au contenu exclusif Livv – juristes d’entreprise