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Rival, lawmakers call for rejection or remedies in Petz-Cobasi merger in Brazil

By Henrique Santiago ( October 17, 2025, 22:33 GMT | Insight) -- Petlove, a third party in the deal review, led the chorus of criticism against the merger at a public hearing held by CADE, which also faced criticism from federal deputies over monopoly concerns. The Petz and Cobasi CEOs defended approval of the transaction, arguing that the business union will lower prices for consumers.Critics of a planned merger between the two largest pet-retail companies in Brazil requested in a public hearing held on Friday by the country’s competition regulator that the deal be blocked or, at least, that remedies be imposed to allow the transaction without creating a monopoly in the sector. Meanwhile, the CEOs of Petz and Cobasi went public to defend the synergy between the firms and called for full approval....

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