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Brazil’s CADE to rule on potential gun-jumping in American-Azul deal

( March 23, 2026, 19:59 GMT | Official Statement) -- MLex Summary: The Administrative Council for Economic Defense (CADE) unanimously voted to send to the Superintendence a petition in which the Institute for Research and Studies on Society and Consumption (IPSConsumo) alleged that American Airlines and Azul Linhas Aéreas Brasileiras engaged in gun-jumping resulting from the US airline’s interest in investing $100 million in the Brazilian carrier. The Superintendence is expected to issue a statement on the institute’s request.Brazil Official Journal Follows (in Portuguese):...

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