CADE presented the Annual report on performance in the defense of competition in 2019


CADE has presented the Annual report on performance in the defense of competition in 2019. During the Annual report launch, the CADE's president, Alexandre Barreto, highlighted that 2019 was the year of consolidation of the institutional and structural changes, which took the defense of competition to new heights in Brazil.

The Annual report 2019 is divided into three parts.

The first consolidates the results of the CADE in the analysis of merger acts and in the suppression of anticompetitive conduct:
 R$1.3 trillion is the total value of the transactions that the CADE has been notified (the main sectors of notification were an electricity generation, transmission and distribution; a real estate development; an extraction of oil and natural gas; a health insurance);
 433 transactions were assessed;
 28 cases were examined and 19 Termination Commitment Terms (TCC) were ratified, which resulted in approximately R$960 million, including fines and monetary contributions. In addition, the CADE opened 89 investigations to ascertain anti-competitive practices, such as cartels;
 the agreements signed with Petrobras, aimed to stimulate competition in the natural gas market and eight oil refineries, including assets related to fuel transportation sectors;
 the CADE has been played an important role in discussions on the civil aviation market, especially with regard to the baggage allowance and the remaining slots of the Avianca company.

The second presents an overview of the coordinated performance with other Public Administration bodies and the performance of the autarchy at the international level:
 in 2019, the CADE achieved a historic feat: Brazil was accepted as an associate member of the Organization for Economic Co-operation and Development (OECD) Competition Committee. The country's admission dialogues began in December of 2017. Through a coordinated action with the Ministry of Foreign Affairs, the CADE formalized the request during the Global Forum on the theme held in 2019 by the entity in Paris, France;
 the CADE actively participates in three working groups of the BRICS Competition Authorities: the digital economy, which leads, together with Russia, the automotive sector and the pharmaceutical market;
 throughout 2019, the CADE signed Technical Cooperation Agreements with the Public Ministries of the states of Amazonas, Pernambuco, Rio de Janeiro, Rio Grande do Norte and Roraima. Cooperations aim to expand the communication to ensure greater efficiency and agility in actions to prevent and repress cartel practices and other violations of the economic order;
 within the scope of partnerships, the CADE promoted the courses for Ministries of the State of Ceará, Mato Grosso do Sul, Bahia, Amazonas, Roraima, Amapá, Pará, São Paulo and Paraná. The initiative is part of CADE's strategy to disseminate knowledge to partner agencies and improve investigations;
 the partnerships established with all State Public Ministries.

The third part presents the profile of CADE's employees and the actions implemented throughout 2019 that contributed to institutional strengthening. The most important there is the inclusion of the CADE in the General Law of Regulatory Agencies according to which the CADE has now the administrative, budgetary and financial autonomy, on the base of recommendations by the OECD in its latest assessment of the CADE's practices and structure.