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Brazil's CADE upholds terms of settlement agreement with Gympass

( November 23, 2022, 18:26 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority has upheld the terms of a settlement agreement signed with wellness corporate platform Gympass after an appeal filed by rival TotalPass. In September, Gympass had agreed to keep only 20 percent of its total exclusivity contracts with gyms in each Brazilian municipality, and to invest in the gyms with which it has exclusivity, ensuring an increase in gym users.CADE press release follows in Portuguese:...

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