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Updated Brazil digital markets draft preserves CADE's power over Big Tech | MLex
Brazil's updated digital markets draft legislation preserves CADE's antitrust authority over Big Tech platforms, maintaining the regulator's power to impose obligations and conduct investigations. The revised text signals continuity in Brazil's approach to platform regulation despite earlier proposals to weaken enforcement mechanisms.
The Wire takeaway
If you're scaling a platform or marketplace into Brazil, CADE now has clear statutory power to impose obligations on you without new legislation - expect formal requests for data access, interoperability changes, or algorithm audits within 18 months of hitting material scale. Call your Brazilian legal advisor this month; the rules are locked in.
Read the full story at mlex.com →
Topics: antitrust · big-tech · digital-regulation · brazil-cade · platform-governance