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Bus Serviços' acquisition of J3 Operadora Logística cleared with behavioral remedies in Brazil

( January 26, 2022, 22:32 GMT | Official Statement) -- MLex Summary: Online travel agency Bus Serviços de Agendamento's acquisition of J3 Operadora Logística in 2016 has been cleared with conditions by the Brazilian competition authority, according to a statement. The Administrative Council for Economic Defense, or CADE, imposed remedies on the deal, including prohibiting Bus Serviços from signing exclusivity agreements with bus terminals and online travel agencies (OTAs) that want to use the company’s services.CADE press release follows in Portuguese....

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