Partner Vinicius Marques de Carvalho talks about dispute over streaming regulation in Brazil, in an article published by O Globo

In an article published by ‘O Globo’ newspaper, partner Vinicius Marques de Carvalho discusses the current dispute at the Brazilian Telecommunications National Agency (Anatel) over the regulation of streaming services.

Vinicius highlights that, as stablished on the recently published “Economic Freedom Provisional Measure”, the regulation must stimulate and allow the economic activity in various forms, and be able to comprehend the competition positive effects.

Full article available here.

In an article published by Jota, VMCA attorneys talk about Petrobras’ Terms of Cessation of Conduct certified by Cade

Brazil’s competition authority Cade has certified two Terms of Cessation of Conduct (TCC), on June 11 and July 8, related to investigations of anticompetitive conduct by Petrobras in the markets of oil refinery and natural gas. Both TCCs are part of a single movement, based on the Federal Government desire of introducing a bigger number of private agents in the fossil fuels chain.

Due to this common goal, the documents seem, on the surface, very similar, reflecting a single competition policy for both oil and gas markets.

In VMCA’s column published by Jota, Vinicius Marques de Carvalho, Henrique Felix and Marco Micheli discuss the differences in the deals as well as the possible results for the productive chain of oil and gas.

Full article available here.

In an article published by JOTA, Vinicius Marques de Carvalho discusses the electronic payment systems’ industry transformation

In an article published by Jota, partner Vinicius Marques de Carvalho analyses the scenario for the electronic payment systems in Brazil and around the world. “In the past months, few sectors have mobilized the economic and legal news as the industry of electronic payment systems. In Brazil and elsewhere there are comprehensive and thorough transformations in this sector that challenges the existents economic and legal base and raise controversies and solutions proposals that deserve to be evaluate with attention”.

The article is the first one of a series to be published by Jota website, written by legal experts and economist about the industry of electronic payment systems.

Full article available here.

CADE doles out €125.4 million in fines for subway cartel

Partner Eduardo Frade talked with GCR about fines imposed by Cade to the companies involved in the subway cartel. The court sentenced 11 companies and 42 people to pay more than BRL 500 million.

Eduardo said this is one of the biggest and most significant cartel investigations ever tried by the authority.  According to him, it involved a major leniency agreement, search warrants, cooperation strategies, and vast evidence analysis.

Full article available here.

Petrobras agrees to sell eight oil refineries

Partner Eduardo Frade talked with Global Competition Review (GCR) about the agreement signed by Petrobras at Cade to sell eight oil refineries.

Frade said the settlement ends a long-lasting monopoly of a company that is considered a Brazilian institution. “This will still be an industry subject to antitrust concerns, as others, but this change evidently gives room to more competition.”

Full article available here.

VMCA participates in an international event about human rights in the digital era

Partners Vinicius Marques de Carvalho and Marcela Mattiuzzo will participate this week in the RightsCon, the world’s biggest event about human rights in the digital era, to be held from June 11 to 14 in Tunis, Tunisia.

Originally called the Silicon Valley Human Rights Conference, RightsCon is an annual event that rotates its location each year to new host cities around the world that are power centers for technology and human rights. In 2019, RightsCon will be hosted in Tunis, Tunisia.

VMCA partners will speak at the panel “Antitrust, consumer protection, and the digital economy”, at 12 pm on the 13th.

The event will receive more than 2,500 participants, from 130 countries, representing 700 companies, governments, and organizations.

More information is available here.

Vinicius de Carvalho discusses organizational design and digital economy at ICN Conference

VMCA founding partner Vinicius Marques de Carvalho spoke last month at the 2019 International Competition Network (ICN) Annual Conference, hosted by the Colombian Superintendence of Industry and Commerce between May 15th and 17th in Cartagena.

Vinicius was one of the panelist at the breakout session (BOS) “Organizational design – Getting in shape for the digital economy”, which discussed how Competition authorities around the world are taking different approaches to their staffing and structure to ensure that they are well placed to face the competition challenges posed on digital markets – for example, some competition authorities have implemented horizontal working groups for digital issues, while others have created specialised digital units or recruited digital or forensic IT staff within existing structures. The BOS explored different options adopted by Competition authorities, to gauge successes and challenges.

More information about the conference is available here.

Ticket/Itau: third-party UNECS’s appeal seeks to notify CADE of broader financial sector concerns

VMCA associate Anna Binotto talked to PaRR about a Itaú/Ticket deal currently under Cade’s analysis.

“The third party seems to be suggesting that, since the banking market is very concentrated and there are many vertically integrated players in the financial sector, the mere increase in Itaú’s economic power or its expansion into a related market should prompt CADE’s intervention, even though there is no causal link between the transaction and a significant market share increase, Binotto said. “CADE has never bought into such a thesis,” she said, adding that the leveraging theory of harm is usually viewed with caution by most CADE commissioners.”

Full article is available at https://lnkd.in/dzjieah (subscription required)