By Flavia Fortes and Henrique Santiago ( October 31, 2024, 22:35 GMT | Comment) -- The speed with which the investigatory unit at the Brazilian competition authority is reviewing certain transactions is attracting criticism, including from other members of the agency. The Tribunal of the Administrative Council for Economic Defense, or CADE, at its ruling session yesterday denounced the clearance of the Smart Fit-Velocity deal, a full-form case, without an in-depth analysis. Councilor Diogo Thomson said that a closer look at the deal would have a greater value as a precedent and be more procedurally appropriate given the complexity of the case.The speed with which the investigatory unit at the Brazilian competition authority is reviewing certain transactions is attracting criticism, including from other members of the agency....
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