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Brazil's antitrust probe into loyalty program firms Multiplus, Smiles closed by CADE

( January 17, 2023, 17:52 GMT | Official Statement) -- Mlex Summary: The Brazilian competition authority's Superintendence has again closed an investigation into alleged restrictions imposed on consumers by loyalty program companies Multiplus and Smiles Fidelidade, owned by airlines Latam and Gol, respectively. The Superintendence of the Administrative Council for Economic Defense, or CADE, originally closed the investigation last May due to lack of evidence, but an agency Tribunal councilor asked the investigatory unit to reopen the probe.OJ statement and CADE decision follow in Portuguese:...

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