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Copa Energia appeals CADE Superintendence's approval of consortium between Brazilian gas distributors

( April 13, 2023, 20:17 GMT | Official Statement) -- MLex Summary: Gas distributor firm Copa Energia Distribuidora de Gás has appealed the Brazilian competition authority's approval of the planned consortium between Brazilian gas distributors Ultragaz, Bahiana, Supergasbras (SGB) and Minasgás. The Superintendence of the Administrative Council for Economic Defense, or CADE, unconditionally cleared the deal on March 24. In its request, Copa Energia asked the agency's Tribunal to block the deal or at least impose remedies to mitigate competition risks.See Copa Energia's request below in Portuguese....

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