CADE and CGU sign agreement to improve efficiency in cartel investigations

The partnership aims to promote integration and make cartel investigations more efficient. Alexandre Cordeiro, president of the Administrative Council for Economic Defense (CADE), and Vinícius de Carvalho, minister of the Office of the Comptroller General of Brazil (CGU), signed the technical cooperation agreement between the agencies.

The technical cooperation agreement between these two government bodies will enable a workflow improvement involving anticompetitive practices they could investigate and punish. The agreement can also enable exchanges of information and databases.

The panel “Integrity and Competition: Synergies between CGU and CADE in Combating Cartels in Public Bids”, which closed the 29th International Seminar on Competition Defence, hosted the signing of the agreement. IBRAC (the Brazilian Institute for the Study of Competition, Consumption and International Trade) promoted the event.

Besides Alexandre Cordeiro, other members of CADE took part in the seminar, such as Alexandre Barreto, superintendent general, Victor Fernandes, commissioner, Diogo Thomson and Fernanda Machado, assistant superintendents, Waldir Alves, representative of the Federal Prosecution Services at CADE, Juliana Domingues, attorney general, Lílian Marques, chief economist, Ricardo Medeiros, assistant economist, and Carolina Fontes, coordinator general of Antitrust Analysis.