Brazil CADE fines car dealerships Premiere, Saga nearly 1m reais for gun-jumping

By Henrique Santiago ( November 4, 2026, 18:42 GMT | Insight) -- Members of the Tribunal for Brazil's competition watchdog unanimously agreed that Premiere and Saga engaged in gun-jumping by implementing a deal involving assets owned by an authorized Peugeot and Citroën dealership before obtaining the authority's approval.Brazil's Administrative Council for Economic Defense, or CADE, has held car dealerships Premiere and Saga liable for gun-jumping. In total, the watchdog's Tribunal applied 969,000 reais ($177,000) in fines....

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