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Petrobras-Mubadala partnership may open door to refinery deal

Petrobras-Mubadala partnership may open door to refinery deal
hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.

Sao-paulo , Sãpaulo , Brazil , Bahia , Rio-de-janeiro , Estado-do-rio , Brazilian , Abu-dhabi , Alexandre-cordeiro , Acelen-mataripe , Reuters , Petrobras

Petrobras-Mubadala partnership may open door to refinery deal, say sources

Brazilian state-run
oil firm Petrobras remains eager to repurchase a
refinery from Abu Dhabi state investor Mubadala despite
antitrust barriers, and a new biofuels partnership could open
the door to...

Rio-de-janeiro , Estado-do-rio , Brazil , Bahia , Sao-paulo , Sãpaulo , Brazilian , Nick-zieminski , Marta-nogueira , Acelen-mataripe , Abu-dhabi , Brad-haynes

Spotlight: restrictive agreements and dominance in Brazil

A review of the competition authorities' enforcement activity against restrictive agreements and abuse of dominance in Brazil, including significant recent cases, trends and outlook.

Rumo , Maranhãbr , Brazil , Alexandre-cordeiro , Tecon-suape , Malha-paulista , Delivery-service , National-agency-for-waterway-transportation-antaq , National-agency-of-land-transportation , Administrative-tribunal , Terminal-handling-charge , National-agency

International Spotlight: Price Gouging Restrictions in Brazil Converging with U.S. Enforcement | Proskauer - Minding Your Business


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Companies that sell consumer products worldwide should note the growing convergence between Brazil and the United States for the use of anticompetitive practices laws to prosecute price gouging.  The Brazilian Competition Law (Law No. 12,529/2011) prohibits a non-exhaustive list of anticompetitive practices, including engaging in acts that “arbitrarily increase profits.”  Brazil’s antitrust authority
, Conselho Administrativo de Defesa Econômica (“CADE”), however, has not traditionally investigated claims of price gouging as a standalone theory of harm, recognizing the difficulty of demonstrating that a price increase was “arbitrary” as opposed to a legitimate reaction to market developments.  Instead, CADE typically has enforced the prohibition against price gouging as part of broader proceedings involving other anticompetitive practices.

United-states , Brazil , Brazilian , Alexandre-cordeiro , Departments-of-health , Brazilian-competition-law , Conselho-administrativo-de-defesa-econ , Consumer-protection-code , ஒன்றுபட்டது-மாநிலங்களில் , பிரேசில் , பிரேசிலியன் , அலெக்ஸாண்ட்ரே-கோர்டேய்ரோ

Brazil Price Gouging Restrictions Converging with US


Friday, December 11, 2020
Companies that sell consumer products worldwide should note the growing convergence between Brazil and the United States for the use of anticompetitive practices laws to prosecute price gouging.  The Brazilian Competition Law (Law No. 12,529/2011) prohibits a non-exhaustive list of anticompetitive practices, including engaging in acts that “arbitrarily increase profits.”  Brazil’s antitrust authority
, Conselho Administrativo de Defesa Econômica (“CADE”), however, has not traditionally investigated claims of price gouging as a standalone theory of harm, recognizing the difficulty of demonstrating that a price increase was “arbitrary” as opposed to a legitimate reaction to market developments.  Instead, CADE typically has enforced the prohibition against price gouging as part of broader proceedings involving other anticompetitive practices.

United-states , Brazil , Brazilian , Alexandre-cordeiro , Departments-of-health , Brazilian-competition-law , Conselho-administrativo-de-defesa-econ , Consumer-protection-code , ஒன்றுபட்டது-மாநிலங்களில் , பிரேசில் , பிரேசிலியன் , அலெக்ஸாண்ட்ரே-கோர்டேய்ரோ