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No structural remedies needed in Nestlé-Garoto deal, CADE Superintendent Barreto says (update**)

By Ana Paula Candil and Paula Mariane ( June 1, 2023, 21:23 GMT | Insight) -- The Brazilian competition authority’s Superintendence has found no competition issues in the chocolate industry merger between Nestlé and Garoto, said agency Superintendent Alexandre Barreto. He said that imposing structural remedies on the deal isn’t necessary. The deal, closed in 2002, is undergoing a second review and was recently sent to the Tribunal for a definitive ruling. The Brazilian competition authority’s Superintendence has found no competition issues in the chocolate industry merger between Nestlé and Garoto, said agency Superintendent Alexandre Barreto.  ...

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