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IFood-Shopper deal clearance to be reviewed by Brazil’s CADE Tribunal

By Flavia Fortes ( November 27, 2024, 15:37 GMT | Insight) -- IFood’s acquisition of a stake in Shopper will face further review by the Brazilian competition authority's Tribunal after Councilor Camila Cabral Pires Alves expressed concerns about the market structure and market share estimates. Last month, the agency's investigatory unit, the Superintendence, approved the deal without conditions, but the Tribunal today accepted a request by Alves to review the deal again.IFood’s acquisition of a stake in Shopper will face further review by the Brazilian competition authority's Tribunal after Councilor Camila Cabral Pires Alves expressed concerns about the market structure and market share estimates....

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