RIO DE JANEIRO, BRAZIL - The Administrative Council for Economic Defense (CADE) - Brazil's national competition regulator - decided to analyze the proposed acquisition of Unidas by Localiza, as the merger may involve an excessive concentration in the car rental and fleet management markets.
In an official order, the General Superintendency of the antitrust agency listed a number of concerns as a consequence of the deal involving the merger of the leader and vice-leader in these markets.
Among them, the low probability of new competitors entering and reduced competition. The agency cited, in particular, the fact that, in some airports, "the . . .
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