Petlove faces hurdles to involvement in Brazilian pet care deal due to contradictions
By Henrique Santiago ( April 15, 2025, 22:42 GMT | Comment) -- Petz and Cobasi’s main rival has made a second effort to participate in the deal review, arguing to Brazil’s competition watchdog that the deal is harmful to a fair competition environment. But the two merging companies pointed out contradictions in statements made by Petlove’s CEO, who had previously described the transaction as pro-competitive.The merger between pet care companies Petz and Cobasi, one of the most anticipated to be ruled on by Brazil's national competition authority this year, has caught the attention of rivals — especially Petlove, which is seeking to participate in the review as a third-party after flagging anticompetitive concerns....
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.