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CADE issues Guidelines for the assessment of gun jumping

On May 20, 2015, the Brazilian antitrust authority (“CADE”) issued“Guidelines for the Assessment of Gun Jumping” (“Guidelines”) that outline which acts the Parties to M&A deals, among other transactions, could or could not perform before obtaining CADE’s clearance. The idea of the Guidelines is to provide businesses a better understanding of how the agency is likely to evaluate gun jumping cases.

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