Vinicius de Carvalho discusses competition in the fuel sector in São Paulo

VMCA partner Vinicius Marques de Carvalho spoke in the “Opportunities in the fuel market in Brazil” seminar, organized by Brazilian newspaper Folha de S. Paulo on April 16, in São Paulo.

Members from the government and the fuel industry attended the event to discuss the sector’s most urgent issues, such as increasing the competitiveness and improving the investments. Among the speakers were former Minister of Finance Henrique Meirelles and ETCO’s president, Edson Vismona. São Paulo’s mayor Bruno Covas made the opening speech.

Vinicius served as a panelist in the panel “Competition in the fuel sector in Brazil” and discussed how illegal practices create an environment of unfair competition. “Only the one willing to practice the same misconduct as those who already act on a market are able to enter it. Thus, we do not have the entry of new agents that could contribute to a fair competition”, said Vinicius.