This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Oi asks CADE to cut 26.5 million reais fine in antitrust marketing probe

( July 30, 2015, 18:31 GMT | Official Statement) -- MLex Summary: Telecom operator Oi has asked Brazil's antitrust authority to review a 26.5 million reais fine ($8.5 million) that the regulator imposed in March. Oi was fined for illegally monitoring customers interested in switching to rival Vesper and then making them a more attractive offer. Oi claims that CADE made a "calculation mistake," similar to the one it made in a case involving Ambev. The beverage company saw its fine partly reduced because of that mistake. Ambev had been accused of abusing its market clout through a loyalty program. See document attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections