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28.November.2025

Power Sector Reform – Key Changes and Impacts of Conversion Law No. 15,269/2025

On November 25, 2025, Conversion Law No. 15,269/2025 was published, introducing the most significant reform of the Brazilian Power Sector since 2004. This new legal framework brings…

19.November.2025

LRCAP 2026 Guidelines and Procedures

The Ministry of Mines and Energy (MME) has published, through Ordinance No. 878/2025, the guidelines and procedures for the first auction to contract energy storage systems using batteries,…

6.November.2025

Brazilian Government proposes new competition regulation for digital platforms

At the end of September 2025, the Federal Government submitted Bill No. 4,65/2025 to the Chamber of Deputies, which amends the Brazilian Competition Law and creates the Digital Markets…

6.November.2025

CADE changes Its Stance on codeshare agreements and orders notification of the Gol and Azul deal

At a Trial Session held in September 2025, CADE analysed the codeshare agreement signed between Azul and Gol and concluded that this type of arrangement may constitute an associative…

6.November.2025

CADE reviews fine imposed on Rumo and reinforces its stance on proportionality in unilateral conduct

Following a court order, during a Trial Session on September 3, 2025, CADE’s Tribunal reviewed the penalty imposed on Rumo for non-compliance with the Merger Control Agreement (ACC) signed…

6.November.2025

CADE Investigates Gun-Jumping in the Formation of Soccer Leagues

In the first week of October, an inquiry into whether the formation of the so-called Liga Forte União (LFU) and the Brazilian Football League (Libra) should have been subject to CADE’s…

6.November.2025

CADE Lauches First Investigation into Online Betting Platforms

The controversial sports betting market have reached CADE. CADE has just opened its first investigation against an online betting operator. The focus is on 7K Bet and Santos Futebol Clube,…

6.November.2025

CADE Opens the Floor: Public Hearings as a New Tool to Deepen the Competition Debate

A landmark public hearing held by CADE on October 17 sparked the debate on the merger between Petz and Cobasi. The event brought together several stakeholders – company executives,…

6.November.2025

Central Bank of Brazil and National Monetary Council change the methodology for calculating the minimum capital requirement for financial institutions and other authorized entities

On November 3, 2025, the Central Bank of Brazil (“BCB”) and the National Monetary Council (“CMN”) published new rules reformulating the methodology for determining the minimum limit…