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Comment: Ruling on 123 Milhas-Maxmilhas merger unveils CADE approach to assessing digital platform deals

By Paula Mariane ( November 21, 2023, 16:17 GMT | Comment) -- Potential deals between digital platforms that hold a dominant position in Brazil will likely fall under the purview of the national competition agency, even if they don’t meet the merger threshold. A recent ruling on the 2022 merger between online travel platforms 123 Milhas and MaxMilhas signals the Administrative Council for Economic Defense, or CADE, is more interested in digital platforms’ market shares than their revenues.Potential deals between digital platforms that hold a dominant position in Brazil will likely fall under the purview of the national competition agency, even if they don’t meet the merger threshold. ...

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