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CADE asks trade ministry to rule on impact of Mercosur tax-exemption regime

By Ana Rita Rego ( October 23, 2013, 18:58 GMT | Insight) -- Brazil’s competition authority has declined to take a stand on whether tax breaks granted by Brazil’s Mercosur partners on resin used in food and drink packaging is damaging the national market. The regulator will send the questions raised by industry, as well as information it collected during the inquiry, to the ministry of development of external trade.Brazil’s competition authority has declined to take a stand on whether tax breaks granted by Brazil’s Mercosur partners on resin used in food and drink packaging is damaging the national market....

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