Brazil's CADE recommends blocking B3-CRDC deal with focus on partnership agreement
By Maria Júlia Baumert ( June 2, 2026, 18:06 GMT | Comment) -- The Brazilian competition authority's investigatory unit has centered its recommendation to block stock exchange manager B3’s acquisition of credit registry platform CRDC not on the equity stake alone, but on the commercial logic behind a related partnership agreement between the companies — treating it as the mechanism through which market power would be expanded and leveraged.The Brazilian competition authority's investigatory unit has centered its recommendation to block stock exchange manager B3’s acquisition of credit registry platform CRDC not on the equity stake alone, but on the commercial logic behind a related partnership agreement between the companies — treating it as the mechanism through which market power would be expanded and leveraged....
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