Brazilian bank Safra's appeal against CADE decision closing Adyen probe rejected
( August 25, 2023, 14:34 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority has rejected an appeal from Brazilian bank Safra against the agency's decision to close a probe into payments service provider Adyen's alleged refusal to contract with small payment acquirers, according to a statement. The Superintendence of the Administrative Council for Economic Defense, or CADE, upheld its December 2022 decision.OJ statement and CADE decision follow in Portuguese....
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