Brazil

Law No. 12,529 of 2011 is Brazil's current Competition Act. The statute replaced Law No. 8,884 of 1994 and established the Brazilian System for Protection of Competition, comprising the Administrative Council for Economic Defense (Conselho Administrativo de Defesa Econômica - CADE) and the Secretary for Economic Monitoring of the Ministry of Finance. CADE was created in 1962. It is the agency with jurisdiction throughout the entire national territory and with the mandate of enforcing competition laws, including by conducting ex ante merger control, and investigating and punishing anticompetitive practices. CADE comprises an Administrative Tribunal, a General Superintendence, and a Department of Economic Studies. CADE's Tribunal is an adjudicative body composed of a Chair, in addition to six Commissioners. The General Superintendence is led by the General Superintendent.

This profile was updated on March 16, 2025, and is pending review and comments by the competition agency.