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Globo facing formal antitrust probe into ad markets in Brazil

By Ana Paula Candil ( July 21, 2021, 21:02 GMT | Insight) -- Broadcaster Globo is facing a formal investigation by the Brazilian competition authority into whether its offering of bonuses for the volume of ads that agencies allocate to it is anticompetitive. The Administrative Council for Economic Defense, or CADE, has been investigating Globo under a preliminary probe since February 2020.Broadcaster Globo is facing a formal investigation by the Brazilian competition authority into whether its offering of bonuses for the volume of ads that agencies allocate to it is anticompetitive....

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