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Competition Overview – Second half of 2025

February 12th, 2026

We’re pleased to share our 2025 Competition Overview, which consolidates the central matters reviewed by Brazil’s Administrative Council for Economic Defense (CADE) over the second half of 2025.

This e-book provides an in-depth analysis of mergers, administrative proceedings, cease-and-desist agreements (TCCs), and leniency agreements, and addresses increasingly prominent topics in the regulatory environment, including digital markets, fuels, sports betting platforms, pet retail, and HR investigations.

Our retrospective also features updated statistics and a comprehensive timeline of the rulings and investigations that shaped Brazil’s competition landscape.

Demarest’s Competition team is readily available to discuss strategic implications, sector-specific impacts, and potential risks or opportunities related to competition law and enforcement.

 

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