The Brazilian Competition Authority authorises competitor collaboration to assist the recovery of small retailers of beverages, food and personal and domestic care products against the economic effects of COVID-19 (Movimento Nós)
In an Extraordinary Judgment Session held on May 28th, the Tribunal of the Brazilian Antitrust Authority (Cade) ratified a decision of its General Superintendence and authorized a collaboration among a group of companies (including competitors) - Ambev, BRF, Coca-Cola, Mondelez, Nestlé and Pepsico - aiming to assist the recovery of small retailers especially considering the industries of beverages, food and personal and domestic care products. This is a special authorization in the context of crisis generated by the Covid-19 pandemic. [1]
Objectively
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