The Brazilian Federal Supreme Court overrules the Competition Authority’s appeal regarding the Central Bank’s exclusive jurisdiction for merger control in financial institutions (Brazilian Central Bank)

KEYWORDS
Reference

Brazilian Federal Supreme Court, Brazilian Central Bank, No.664.189, 9 June 2014 (Portuguese)

The Brazilian Federal Supreme Court has overruled the Brazilian Competition Authority’s appeal regarding the verdict issued by the Brazilian Superior Court of Justice regarding the Brazilian Central Bank’s exclusive jurisdiction for merger control involving banks and financial institutions in Brazil. By determining that the discussion involved ordinary legislation and not constitutional matters, Brazilian Federal Supreme Court (“STF”) understood that the issue should only be decided by Brazilian Superior Court of Justice (“STJ”). Since the decision was taken singularly by STF’s

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Authors

  • Inglez, Werneck, Ramos, Cury e Françolin Advogados (Sao Paulo)
    Brazil 4 contributions 3326 visits
  • Inglez, Werneck, Ramos, Cury e Françolin Advogados (Sao Paulo)
    Brazil 1 contribution 221 visits

Quotation

Ricardo Inglez de Souza, Raisa Dvorah Rechter, The Brazilian Federal Supreme Court overrules the Competition Authority’s appeal regarding the Central Bank’s exclusive jurisdiction for merger control in financial institutions (Brazilian Central Bank), 9 June 2014, e-Competitions Brazilian Antitrust, Art. N° 68919

Visites 221

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues