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5.7

IPSConsumo urges Cade to restrict American-Azul deal, cites United-Gol links

IPSConsumo has petitioned Brazil's antitrust regulator Cade to impose conditions on American Airlines' acquisition of ~8% of Azul, arguing it could harm competition on Brazil-US routes. The institute also wants Cade to consider United Airlines' ties to Abra Group, Gol's controller, in the review. Cade's court is scheduled to rule on the deal Wednesday, making this a near-term regulatory risk for the transaction.

Valor Econômicoabout 12 hours agoBR, USCredibility 41%View source

Score Breakdown

Mosaic Score5.7
Model confidence0.7
Significance0.5
Source credibility0.4

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