BRIC regulators defend their competition regimes

Author: | Published: 18 Oct 2012

Deals in Brazil, Russia, India and China (BRIC) have faced greater scrutiny in recent years, as merger review standards around the world have become more harmonised.

A number of recent changes, however, remove some deal uncertainty.

Regulators discussed their merger control regimes during an International Bar Association panel discussion held earlier this month. Pre-merger review in Brazil and India, along with higher thresholds for mergers requiring approval in Russia, are among the most significant changes.

Pre-merger review in Brazil means the Administrative Counsel for Economic Defense (Conselho Administrativo de Defesa Econômica or Cade) is less likely to break-up a deal after it...