Marcela Fernandes

Brazilian Administrative Council for Economic Defense (CADE) (Brasilia)
Lawyer and Researcher

Marcela Fernandes is a lawyer in Brazil. Having served the Brazilian Competition Authority (the Administrative Council for Economic Defense, CADE) for almost 15 years, Marcela is a specialist in Competition Law matters, particularly cartel. For five years, until March 2016, Marcela was Head of the agency`s International Cartel Unit, having accumulated strong experience handling leniency cases; negotiating settlements, coordinating dawn raids; managing multidisciplinary teams for the analysis and selection of electronic evidences; conducting interviews and interrogations; evaluating cartel damages for sanctioning purposes; among others. Marcela is a Master Candidate in Economic Law at University of São Paulo and her research focus on international cartels. She is graduated from the University of Brasília (UnB) and has a specialization degree in Competition Law from Fundação Getúlio Vargas (GVLaw, São Paulo).

Linked author

Brazilian Administrative Council for Economic Defense (CADE) (Brasilia)


884 Review

Amanda Athayde, Marcela Fernandes A glimpse into Brazil’s experience in international cartel investigations: Legal framework, investigatory powers and recent developments in leniency and settlements policy


This article analyzes the Brazilian experience in international cartels enforcement within 2000-2016. Initially, it presents four central aspects of the enforcement activities in Brazil. First, the legal framework on fighting cartels. Second, the main investigatory powers of the Brazilian (...)

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