Brazil's Cade Opens Public Consultation to Revise Merger Notification Thresholds

Brazil's antitrust authority Cade will open a public consultation to review mandatory merger notification criteria under Resolution No. 33/2022, focusing on higher-relevance cases. Proposed changes include revising revenue thresholds and adding periodic reviews, responding to criticism that current revenue-based criteria are inadequate. The outcome could alter the regulatory burden for M&A in Brazil, affecting deal timelines and compliance costs.