Hogan Lovells Publications | Antitrust Alert | 12 November 2018

Two key Brazilian regulators have entered into a cooperation agreement to fight transnational corruption and cartels

The Administrative Council for Economic Defense (CADE) and the Ministry of Transparency, Supervision and Comptroller-General (CGU) have entered into a cooperation agreement to fight transnational corruption and cartels.

They will now formally exchange information and documents among themselves as part of a joint effort to increase the prosecution of Brazilian and foreign companies involved in corruption and/or cartels. This cooperation was materialized by Joint Ordinance No. 4, published in the Official Gazette of Brazil on 1 June 2018.

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