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Brazil’s CADE rejects drug association’s conduct proposal

( May 27, 2026, 17:23 GMT | Official Statement) -- MLex Summary: The Tribunal of the Administrative Council for Economic Defense (CADE) has ruled against a collective conduct adjustment proposal submitted by the Brazilian Association of Drug Suppliers (ABFMED) to the Drug Market Regulation Chamber (CMED). During a ruling session, the lead councilor on the case, Carlos Jacques Vieira Gomes, said the agreement raises competition concerns, mainly due to the potential sharing of commercially sensitive information resulting from the contract submitted to CADE.Press release follows (in Portuguese)....

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