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Soccer teams are private entities, must notify CADE of deals that meet revenue threshold, agency superintendent says

By Ana Paula Candil ( August 24, 2022, 21:59 GMT | Insight) -- Soccer teams are considered private entities by the Brazilian competition authority and should notify the agency if their deals meet the country’s merger threshold for revenue, said agency Superintendent Alexandre Barreto. The Administrative Council for Economic Defense, or CADE, is investigating whether recent acquisitions of soccer teams by investors require antitrust approval.Soccer teams are considered private entities by the Brazilian competition authority and should notify the agency if their deals meet the country’s merger threshold for revenue, said agency Superintendent Alexandre Barreto....

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