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CADE withdraws suspension of Facebook-Cielo agreement for new WhatsApp digital payment platform

( June 30, 2020, 22:12 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority has withdrawn a recent decision suspending an agreement between Facebook and Cielo for a new digital payment platform through WhatsApp, according to a statement. The Superintendence of the Administrative Council for Economic Defense, or CADE, said it is still analyzing whether notification of the deal is necessary.CADE statement and document follow below (in Portuguese):...

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