The Administrative Council for Economic Defense has all its efforts aimed at providing agile and efficient responses to the market and society in the face of the new coronavirus crisis. In this context, the figures related to the operations that were evaluated by the Council in 2020 show that there was no reduction in the productivity of the municipality, especially in the analysis of merger acts during the pandemic.
According to a balance sheet carried out by the General Procedural Coordination, from January to May this year, Cade analyzed 170 mergers. The number exceeds the 165 cases reviewed by the Council in the same period in 2019.
Regarding the reported cases, there was also an increase in the period compared to the previous year. In the first five months of 2020, 178 claims were submitted to the Board. In 2019, there were 165. The total approximate value of the cases that were brought to CADE this year is R $ 65.4 billion.
When it comes to the time taken by CADE to evaluate an operation, it appears that the municipality - which has one of the shortest terms among the antitrust agencies in the world - is even more agile in 2020. Compared to 2019, during the period from January to May, the overall average analysis time was shorter this year. In May, for example, the overall average was 31.4 days in 2020 versus 34.4 days in 2019.
With these results, Cade demonstrates its commitment to remain active during the crisis, fulfilling its role of promoting a healthy competitive environment in the country.