💨 Abstract

Brazil's government has recommended a reform to its competition law, enabling the antitrust authority CADE to designate certain digital platforms as systemically relevant. This would subject these platforms to new obligations to address practices like exclusivity agreements, killer acquisitions, and self-preferencing, which inhibit competition. The proposed changes include pre-merger notifications, transparency rules, and mandated disclosure of service terms.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖