Brazil - Competition/Antitrust Lawyers & Law Firms - Latin America - Chambers and Partners
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Latin-America Guide

Competition/Antitrust — Brazil


BMA – Barbosa, Müssnich, Aragão - Competition/Antitrust Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Market-leading team revered for its exceptional work on the full range of competition matters. Frequently assists domestic and international clients with a variety of high-profile cases, including cartel investigations, unfair business matters and merger review proceedings before the Administrative Council for Economic Defence (CADE). Also offers remarkable expertise in the design and implementation of antitrust compliance programmes, as well as in the negotiation of settlement agreements. New client wins include IAG, Carrefour and Cisco.

Strengths Clients praise the exceptional results obtained by the team in complex cases before CADE, highlighting their "straightforward and committed performance," as well as their "technical knowledge, attentiveness, availability, speed and efficiency."

Another source singles out their "very business-oriented legal approach," adding: "It is not only a matter of demonstrating high technical knowledge, but also of adopting the right approach in terms of providing solutions that fit our plans and needs."

Work highlights Advised DuPont on its merger with Dow Chemical to create the largest agrochemical conglomerate in the world.

Notable practitioners

Highly respected star individual Barbara Rosenberg commands an outstanding reputation among market sources, who describe her as "fantastic" and "exceptional," with one interviewee attesting: "She is one of the best lawyers I have ever worked with and truly one of the most respected in this field." Commentators are also impressed by her visible presence in the market, and one client says: "She provides a very sophisticated and specialised service in complex cases." She regularly advises on merger reviews and anti-competitive practices, including cartel investigations.

Partner José Inácio Almeida Prado Filho rises in the rankings following excellent feedback from clients, who endorse his "technical capabilities, including his relevant skills dealing with economic matters and handling cases before CADE." Market sources add that "he is a very intelligent and studious lawyer."

New addition to the rankings, up-and-coming partner Marcos Antonio Tadeu Exposto Jr is noted by clients as "a good lawyer who provides careful and accurate advice." Sources also endorse his "experience dealing with leniency issues."

About the Team (content provided by BMA – Barbosa, Müssnich, Aragão)

BMA is renowned for its competition law practice, having acted in many of the high-profile cases reviewed in recent years by CADE, Brazil's competition authority. The competition law team's practical, results-oriented approach is based on the solid academic and professional experience of its members. 

BMA acts in complex cases having national and international dimensions. The team is recognized by both clients and colleagues for its ability to develop strategies that meet our clients' real needs and to identify, prevent and mitigate the competition risks that can arise in business conduct.  

Present in practically every international cartel investigation in Brazil, BMA represents the interests of companies in investigations into anticompetitive conduct, relying on extensive experience that goes beyond the defense phase to negotiation of leniency agreements and settlements. The team also relies on its experience in designing and implementing compliance programs for national and international clients.

Known for its ability to contribute to the success of action strategies by working in partnership with its clients, BMA advises on competition matters and represents businesses in merger review proceedings before CADE. The firm is usually involved in some of the largest and most significant M&A deals in the banking, agribusiness, retail and air transportation sectors.

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Machado, Meyer, Sendacz e Opice - Competition/Antitrust Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Acclaimed competition department that garners widespread praise for its impressive practice advising major companies from a wide range of industries, such as healthcare, energy and telecommunications, on complex merger reviews before CADE. Also boasts a remarkable track record representing leading local and multinational clients in cartel investigations and unilateral practices, in addition to handling the negotiation of leniency and settlement agreements. Boehringer Ingelheim and Maersk Line are new client wins for the team.

Strengths One commentator is full of praise for the competition team, stating: "They are my favourite competition law team," before adding: "They are always available and maintain a very close relationship with the client."

Another interviewee underlines: "I am really impressed with them, they are very well organised."

Work highlights Defended Azul Linhas Aéreas Brasileiras before CADE in an anti-competitive investigation alleging that the airline prevented package holiday companies from buying the cheapest class of airline ticket thereby driving up the price of package holidays for consumers.

Notable practitioners

Distinguished practice head Tito Amaral de Andrade is described by one commentator as "an outstanding lawyer," while another source states: "He is truly good for competition matters." Clients benefit from his experienced practice in the area and particular acumen dealing with merger control cases and cartel investigations. Market observers also highlight "his strategic mindset," and one client commends his "excellent client skills and ability to provide creative solutions."

Clients emphasise partner Maria Eugênia Novis's skills, saying: "She is charismatic, very up to date and provides high-quality practical advice in a timely manner." Her expertise spans merger notifications and administrative proceedings connected with antitrust violations. Another source attests: "She is experienced, objective and very focused on solving problems."

Admired partner Marcos Paulo Verissimo is described by one commentator as "a very intelligent and articulate lawyer," while numerous sources recognise his in-depth expertise due to his former role as a commissioner at CADE. He is often instructed by clients hailing from the telecommunications and healthcare sectors to assist with merger control cases and antitrust investigations.

About the Team (content provided by Machado, Meyer, Sendacz e Opice)

If the expansion strategy of your company involves consolidations, acquisitions, equity participation increases, business partnerships, or business practices that may involve a material market impact, you need to understand the risks related to competition law and know how to address them.

We have a recognized history of success in representing our clients before CADE, having worked in some of the most complex mergers thus far reported. We are particularly active in conducting mergers related to transactions between large Brazilian companies, cross-border transactions reported simultaneously in several countries, and also in transactions involving regulated markets that require articulation and coordination with CADE and other regulatory agencies involved. 

In the area of investigation into anticompetitive conduct, we have partaken in virtually all important cases analyzed by CADE, including major international investigations replicated in Brazil in recent years. 

Our work in developing and implementing antitrust compliance programs is also recognized. We identify critical points according to our clients' activities, describe the risks and the measures that may reduce them, and prepare training programs and monitor these measures for success.

Finally, we provide support to our clients in litigation involving issues of economic law and prepare studies and opinions in these areas to support our clients’ growth and innovation strategies.

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Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados - Competition/Antitrust Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Prestigious corporate juggernaut with a market-leading competition practice. Expert team is particularly active and adept at handling approvals in connection with high-profile mergers. Also well versed advising on antitrust investigations as well as leniency and settlement agreements. Maintains a strong client portfolio, comprising both national and multinational companies from the telecommunications, pharmaceutical and energy sectors. RHI and China National Chemical Corporation are new client wins for the team.

Strengths A source is quick to praise the firm, saying: "The firm offers top-tier technical knowledge and the best client service I have ever seen," adding: "The team is 24/7 at our disposal and ready for whatever the client needs."

Other commentators highlight: "They are very responsive, speak excellent English and provide timely and relevant legal advice."

Work highlights Successfully represented ChemChina in obtaining approval before CADE in relation to its USD43 billion acquisition of Syngenta AG.

Notable practitioners

Eminent practitioner and managing partner of Mattos Filho's New York office Amadeu Carvalhaes Ribeiro remains a recognised presence in the local competition market, as one commentator states: "He is brilliant and particularly popular among foreign clients. He possesses a great vision of the market." Another source adds: "He has great client skills and significant knowledge of Brazilian competition law."

Lauro Celidonio Neto is held in high esteem by clients and peers alike due to his long-standing practice in this arena, which spans merger filings and anti-competitive conduct investigations before the authorities. One impressed source enthuses: "He is very well known in the competition sphere and within CADE." He is particularly well equipped to assist clients from the automotive and financial services sectors.

Commentators are full of praise for "very good competition lawyer" Marcio Dias Soares and say: "He offers a good client service and is able to remain calm when discussions get very heated." He regularly assists with merger filings and cartel investigations, and one client endorses his "unique sensibility and full commitment when working on very complex cases."

Up-and-coming partner Renata Fonseca Zuccolo enters the rankings due to strong recognition from commentators, with different sources describing her as "very knowledgeable" and "incredibly responsive." A client also reports that "she is very present working before CADE."

About the Team (content provided by Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados)

The antitrust practice at Mattos Filho has one of the largest specialized teams in Brazil with over 20 professionals fully dedicated to antitrust matters. 

Our services include:

  • Representation of clients in merger review cases before CADE, Brazil’s antitrust authority;
  • Assistance in structuring mergers, acquisitions and other commercial transactions to minimize potential antitrust risks;
  • Representation of clients in antitrust investigations, leniency applications and settlement negotiations with Cade;
  • Representation of clients in litigation concerning antitrust issues;
  • Legal assistance to clients in antitrust audits and compliance programs;
  • General antitrust counseling.

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Pereira Neto | Macedo - Competition/Antitrust Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Standout competition practice group with a strong focus on anti-competitive practices, sophisticated merger approvals and antitrust compliance, as well as settlement negotiations. Team possesses notable experience representing high-profile local and international clients from a wide range of industries, including the telecommunications, construction and financial services sectors, in cartel investigations and other administrative mandates before CADE.

Strengths Sources single out the lawyers' "great standard of care for their clients" and continue to endorse the antitrust team, stating: "They are very precise, always available and quick to provide responses."

Other commentators highlight their outstanding competence and add to the praises: "They strive to understand the clients' specific needs."

Notable practitioners

Esteemed competition expert Caio Mário da Silva Pereira Neto receives plaudits from clients, who report: "He is an excellent and proactive professional who possesses in-depth technical knowledge and offers top-notch advice." Another source appreciates his "client skills and the swift understanding of the client's business model for the proposal of tailor-made solutions." He is well equipped to undertake cartel and abuse of dominance investigations, in addition to assisting with merger reviews.

"Besides his great expertise in competition matters," partner Olavo Zago Chinaglia "identifies the particularities of his clients' businesses to provide tailor-made recommendations," endorses one interviewee. He draws upon his long-standing expertise, which includes a former role as interim president of CADE, to advise clients on the full gamut of antitrust mandates, with particular strength in cartel and abuse of dominance cases.

About the Team (content provided by Pereira Neto | Macedo)

Pereira Neto | Macedo handles some of the most important antitrust and competition law cases and provides clients with well-designed solutions to complex matters. The firm is able to render interdisciplinary services in different types of cases with equal performance and quality, providing clients with satisfactory and positive results. PNM expertise comprises:

Merger reviews and complex mergers – Pereira Neto | Macedo has a consistent track record in mergers in various industry sectors, such as financial services, electronic payment methods, retail, beverages, higher education, coatings, telecommunication and petrochemical.

Abusive dominance – Pereira Neto | Macedo remains as one of the most active firms in abusive dominance cases before CADE, representing clients in different sectors on complex and demanding investigations conducted by the authority.

Cartel investigations and anticompetitive conducts cases – Pereira Neto | Macedo represents different clients in the most relevant ongoing cartel investigations conducted by CADE in multiple relevant markets, such as financial services, auto parts, construction and infrastructure and public procurement. 

Antitrust Compliance and Legal Consultancy Services

Merger Arbitrage  – Pereira Neto | Macedo has specialized in providing legal advice to several sophisticated international merger-arb and hedge funds interested in the regulatory outcome, in Brazil, of a vast array of complex global mergers and antitrust investigations.

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Pinheiro Neto Advogados - Competition/Antitrust Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Distinguished full-service firm with a respected competition department boasting an impressive track record dealing with complex antitrust matters. Frequently instructed by an array of domestic and foreign clients, especially hailing from the technology, chemicals, financial services and energy sectors, to support with sophisticated merger control cases and cartel investigations. Particularly experienced handling the negotiation of leniency and settlement agreements, in addition to assisting with antitrust compliance programmes.

Strengths One impressed client describes the department as "the dream team" and enthuses: "They are not only knowledgeable of the area, but also experienced. Their great reputation within the market and ability to deal with very sensitive matters inspire confidence in the client."

Another source underlines: "Pinheiro Neto's team is composed of the most intelligent lawyers in Brazil, and as a multidisciplinary group they are a one-stop solution provider."

Work highlights Represented Localiza Rent a Car before CADE to obtain an approval for its acquisition of Hertz Brasil.

Notable practitioners

A client rates Cristianne Saccab Zarzur as "one of the best antitrust lawyers," adding: "She is business-oriented and understands the importance of cases for the clients." One market commentator endorses her, stating: "She is wonderful at dealing with merger cases," while another observer says: "She is a great choice for complex antitrust cases." Her expertise also includes cartel investigations and settlement agreements. One peer concludes: "I would refer her to my clients in the case of a conflict of interests."

Much-admired partner José Alexandre Buaiz Neto is held in high esteem by clients, as one source reports that "he is an extremely competent, proactive and committed lawyer." Another impressed interviewee enthuses: "He not only possesses great knowledge of antitrust matters, but also excellent judgement," adding: "Whenever I have a complex issue, I discuss it with him. He is the ideal lawyer and has our interests at heart."

Clients emphasise the technical capabilities of experienced partner Renê Guilherme da Silva Medrado, as one source attests: "He is great at dealing with a wide range of matters, including merger filings and administrative proceedings before CADE." One peer concludes: "I worked across from him in a case and it was a positive experience, he is good."

Key partner Leonardo Rocha e Silva is noted by market sources for his high level of activity in the antitrust field, with one interviewee remarking: "He is really good dealing with cartel cases." He routinely leads the team in relevant anti-competitive investigation cases, in addition to assisting with merger filings.

About the Team (content provided by Pinheiro Neto Advogados)

Pinheiro Neto Advogados has practiced in the competition area since the early 1960’s, when administrative proceedings dealing with anticompetitive practices were still incipient in Brazil. During the 1990’s, in the context of the opening of the Brazilian economy, new laws were enacted, which provided for a better description of practices in restraint of trade and defined them as crime. Since then, the firm has gained reputation in the practice of this area of law.

With unparalleled experience on both the domestic and international levels, the competition practice of Pinheiro Neto Advogados offers counsel in virtually every aspect of competition law, drawing on the support of other practice areas of the firm and on the collaboration of renowned economists and technical experts, if necessary. The very nature of the competition practice requires from our firm strict control of conflicts of interests, strict confidentiality, proactive conduct and permanent interface with clients.

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TozziniFreire Advogados - Competition/Antitrust Department

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Band 1

第一等

Chambers Commentary (based on the Chambers research)

What the team is known for Acclaimed competition team within a solid full-service firm covering the full gamut of antitrust mandates on behalf of leading local and multinational companies. Particularly stands out for its expertise assisting with the investigation of complex conduct cases, in addition to undertaking the negotiation of leniency and settlement agreements. Additionally noted for its capabilities advising on merger review cases and antitrust compliance training. New additions to the client portfolio include Uber, Bosch and Hyundai.

Strengths One interviewee enthuses: "They are top-flight in every respect and I consider that they are the leading antitrust practice in Brazil," adding that "they provide very thoughtful strategic and practical advice."

Another commentator states: "The lawyers are extremely responsive and experienced and provide an excellent service."

Work highlights Assisted Kirin with the merger review related to the sale of its local beer, soft drinks and bottled water business to Heineken.

Notable practitioners

Revered partner Marcelo Calliari enjoys an outstanding reputation within the sector and garners praise from peers and clients alike. One satisfied client states: "He is one of the leading lawyers in this field," while another interviewee says: "He is an excellent lawyer who provides comprehensive advice," also adding that "he has in-depth expertise as a consequence of his previous experience as a CADE commissioner." Calliari regularly represents clients in leniency agreements and anti-competitive investigations.

Marcel Medon Santos is described by commentators as "a very good professional on whom you can rely." His practice spans the implementation of antitrust compliance programmes and merger reviews, in addition to defending clients in administrative proceedings before CADE.

About the Team (content provided by TozziniFreire Advogados)

The Antitrust and Competition practice group has extensive experience representing our clients before the Brazilian Antitrust Commission (CADE), including negotiating leniency agreements and cease and desist agreements under the Brazilian Competition Law, as well as handling premerger notification filings and regulatory clearance for complex M&A transactions. The group also provides all stages of antitrust compliance counselling, including developing compliance programs tailored to client-specific needs, to improve risk management and reduce violations.

Recognized as among the cadre of elite antitrust lawyers in Brazil, the team is led by Marcelo Calliari, a former counsel of CADE. The Antitrust and Competition practice is one of the largest in Brazil and one of the firm’s most active, with experience handling hundreds of market concentration cases and major merger and business conduct investigations.

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Caminati Bueno Advogados - Competition/Antitrust Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Newly established boutique with a deep bench of competition experts who are regularly called upon to assist with a wide range of complex mandates within the practice area. Well equipped to represent clients in anti-competitive practice mandates, including cartel investigations involving the technology, construction and automotive industries. Offers additional strength in merger filings.

Notable practitioners

Prestigious co-head of department Eduardo Caminati is hailed by market commentators as "a very diligent and efficient lawyer who delivers top-quality work." A client also notes: "He is available at all times, making you feel that you are their only client," further highlighting his "superb background and in-depth knowledge of this sector." Caminati specialises in anti-competitive practice cases and offers particular expertise handling high-stakes cartel investigations related to bid rigging.

A client says: "Working with partner Marcio de Carvalho Silveira Bueno was a great experience. He is analytical, very meticulous and always available," going on to assert: "I will definitely hire him again." He is often instructed to assist with merger filings and cartel investigations, as one source confirms: "He led our defence and did an excellent job, in addition to being great with clients too."

Associate-to-watch Guilherme Misale enters this year's rankings following high praise from clients, as one explains: "He is a great lawyer and experienced beyond his years." He often assists with significant merger filings.

About the Team (content provided by Caminati Bueno Advogados)

Department profile not yet provided by Caminati Bueno Advogados. Please see their firm profile.

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Grinberg, Cordovil Advogados - Competition/Antitrust Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Key boutique earning praise for its established and dedicated competition practice which routinely represents domestic and international clients in a wide range of antitrust matters. Particularly recognised for its solid track record in cartel investigations and abuse of dominant position cases. Also offers assistance with antitrust compliance programmes, merger proceedings and abusive price charges before CADE.

Strengths One client attests: "I am very satisfied working with them. This is a boutique firm offering excellent value for money."

Notable practitioners

Senior statesman Mauro Grinberg garners widespread praise from peers and clients alike due to his "in-depth knowledge of CADE-related mandates and particular focus on transactional cases." Sources report that he is visible providing legal opinions, and one client goes on to assert: "I do not have to ask for any changes in the documents he produces. Everything is well written, very clear and tailor-made."

"Very active" partner Leonor Cordovil is highly praised by sources, as one client states: "She is a really focused and conscientious lawyer who possesses major antitrust knowledge and great experience dealing with CADE." Market commentators also add to the praises, saying that "she is very articulate." Cordovil is often instructed to assist multinational clients with cartel investigations.

About the Team (content provided by Grinberg, Cordovil Advogados)

Department profile not yet provided by Grinberg, Cordovil Advogados. Please see their firm profile.

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Levy & Salomão Advogados - Competition/Antitrust Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Experienced competition team that remains active advising clients on complex merger control cases, in addition to handling administrative proceedings related to anti-competitive practices. Frequently instructed by major domestic and international players from a wide range of industries, including aviation, electronics and construction, to assist with leniency agreements. Accor Hotels, Petrobras and Volkswagen are new client wins.

Strengths Clients attest: "They offer a high-quality service and the partners are directly involved in all stages," also adding that "they possess excellent understanding of their clients' businesses to provide superior support with tailor-made solutions."

Work highlights Assisted American Airlines with the antitrust filing before CADE of its joint business agreement with LATAM Airlines in connection with flights between North and South America.

Notable practitioners

Deeply respected senior statesman Bolívar Moura Rocha continues to enjoy an outstanding position within the competition legal market. One client reports that "he recently led a very complex negotiation before CADE," while a market commentator further endorses: "He is a lawyer of the highest calibre." His expertise spans complex contentious and transactional mandates.

Ana Paula Martinez is acknowledged within market commentators as "one of the best lawyers regarding cartel investigations." She is additionally active in merger cases and antitrust compliance mandates. One client particularly values that "she has a multidisciplinary background. Her sound knowledge of criminal and international law, as well as her experienced competition practice, have been very useful and strategic for us."

Mariana Tavares de Araujo rises in the rankings due to excellent feedback from clients, as one source commends her "excellent technical skills, strategic vision and experience dealing with the Brazilian government bodies." One market observer also adds to her praises, stating: "She possesses valuable experience due to her previous work within the public sphere." She is often hired to assist with merger filings and leniency agreements.

Alexandre Ditzel Faraco receives praise from clients due to his "specialised work in connection with merger reviews, in addition to his strong capabilities when performing regulatory analysis." Multiple market sources highlight his solid legal knowledge, as one interviewee attests: "He is an academic and a very technical lawyer."

About the Team (content provided by Levy & Salomão Advogados)

Department profile not yet provided by Levy & Salomão Advogados. Please see their firm profile.

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Magalhães e Dias - Competition/Antitrust Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Established team with a long-standing presence in the competition arena. Garners praise for its skilled capabilities dealing with complex merger control mandates on behalf of leading companies involved in the food and beverage industries. Additionally provides preventive consultancy. New client wins include Merrill Lynch, Booking.com and Grupo Edson Queiroz.

Strengths Clients endorse the competition team, highlighting the lawyers' "interpersonal relationship skills, availability, commitment and interest in getting to know the client's business," adding that "they provide solutions that add value to our company."

Work highlights Successfully represented Nestlé in a judicial settlement with CADE aiming at concluding a dispute related to its acquisition of Chocolates Garoto.

Notable practitioners

Gabriel Nogueira Dias routinely advises clients on merger filings related to high-end transactions, as well as cartel investigations. One satisfied client declares: "He is adept at dealing with a wide range of clients and focuses on offering constructive and practical solutions that add value to the business," while another interviewee adds: "He is an outstanding professional who offers precise advice and boasts impeccable leadership skills."

"Hard-working" partner Francisco Negrão enters the rankings following impressive market endorsement for his "significant expertise in this practice area," in addition to his "considerable economics acumen." He actively represents clients before CADE in merger filings and anti-competitive conduct investigations.

About the Team (content provided by Magalhães e Dias )

Antitrust/Competition:

The firm has a proven track record in securing or challenging clearance in Brazil for the most complex mergers, acquisitions, and joint ventures of recent years. Magalhães e Dias’ lawyers have extensive experience with cartel and restrictive practice investigations by Brazilian antitrust authorities, advising both parties and interveners.

The firm is responsible for a substantial number of cease and desist agreements signed with CADE, including the first administrative cease and desist agreement involving cartel practices (cement sector) under Article 53 of Law 8.884/94 (former Brazilian antitrust law). The firm is pioneer and a leading player in conducting cases before courts concerning complex competition law cases, class actions, and advising clients on appeals against decisions from CADE, Regulatory Agencies or State (or Federal) Prosecutors. The increase of Brazilian investigations by antitrust authorities and regulatory agencies of possible cartels and restrictive practices indicates that appeals to the Judiciary related to competition law will grow at a rapid pace. 

The firm also has an extensive experience advising companies in antitrust compliance programs and preventive measures. We have a unique experience in conducting audits and internal investigations for our clients.

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Trench Rossi Watanabe (in cooperation with Baker McKenzie International) - Competition/Antitrust Department

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Band 2

第二等

Chambers Commentary (based on the Chambers research)

What the team is known for Established international full-service firm with a strong focus on handling cross-border cartel investigations, high-profile merger filings and sector-related litigation. Team advises a range of leading multinational corporations from industries including manufacturing, energy and natural resources, technology and communications. Federal Mogul and Biotronik are new client wins for the team.

Strengths One client emphasises: "Trench Rossi Watanabe is my go-to firm in Brazil due to the quality of the service provided," and concludes: "It is impressive how they are client-oriented and very focused on managing cases efficiently. They are a well-oiled machine."

Work highlights Successfully represented GE before CADE to obtain an approval for its USD23 billion acquisition of BHI.

Notable practitioners

Senior statesman Tulio do Egito Coelho is described by clients as "very experienced and skilled dealing with complex negotiations." He is held in high esteem by market sources due to his long-standing practice in the competition arena, in particular his acumen in merger control cases and antitrust litigation matters. As an of counsel, he is regularly involved in the design of strategy for sophisticated cases.

Department head Francisco Todorov is acknowledged by one source as "a fantastic lawyer," while another commentator adds that "he boasts exceptional technical skills." One impressed client pinpoints: "He is a transactional lawyer who also has great ability in handling disputes before CADE," and concludes: "He is great to work with and I definitely recommend him." He is particularly popular among energy and construction companies.

Up-and-coming partner Adriana Giannini is well equipped to assist with merger control cases. He also routinely handles cross-border cartel and abuse of dominance investigations and advises on antitrust compliance. Clients appreciate that "she is very responsive and precise."

About the Team (content provided by Trench Rossi Watanabe (in cooperation with Baker McKenzie International))

Department profile not yet provided by Trench Rossi Watanabe (in cooperation with Baker McKenzie International). Please see their firm profile.

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Advocacia José Del Chiaro - Competition/Antitrust Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Experienced boutique focusing on restrictive trade cases before CADE, including the negotiation of related leniency agreements. Particularly active assisting clients from the food and beverage, steel manufacturing and technology industries with cartel investigations and other antitrust litigation mandates. Audi, Mahle and Kimberly-Clark are new client wins.

Strengths Interviewees are impressed by the hard-working attitude of the team and go on to assert: "They are very effective aligning strategies with clients," adding that "the team provides high-quality, in-depth and timely advice."

Work highlights Represented Google in four anti-competitive investigations initiated by CADE related to Google Shopping, Local Universal, AdWords and data scraping.

Notable practitioners

Senior statesman José Del Chiaro Ferreira da Rosa is hailed by one impressed client for his "extensive knowledge of competition matters, with particular expertise in mandates before CADE," and this source also highlights his "masterful technical prowess and impressive availability." Another commentator enthuses: "He brings an incredible level of experience to cases."

Ademir Antonio Pereira Júnior is described by one client as "a clever, efficient and hard-working lawyer who benefits from very good instincts." Another interviewee further declares: "He combines the theoretical and practical knowledge of competition law, together with great expertise acting before CADE."

About the Team (content provided by Advocacia José Del Chiaro)

Department profile not yet provided by Advocacia José Del Chiaro. Please see their firm profile.

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Cascione, Pulino, Boulos & Santos Advogados - Competition/Antitrust Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Solid antitrust team with notable experience assisting a wide range of local and international companies, with particular prowess in the beverage, oil and gas and mining industries. Dynamic practice spans advice on cartel investigations, merger reviews before CADE and the designing and implementation of compliance programmes.

Strengths One satisfied client commends their capabilities: "We are very pleased with the great work provided by the team."

Notable practitioners

Experienced co-head of department Aurélio Marchini Santos actively assists clients with merger reviews and anti-competitive conduct investigations. One market source attests that "he is visible working before CADE," and adds: "He is a very intelligent lawyer who develops good strategies for his clients." He additionally assists with the development of antitrust compliance programmes.

São Paulo-based partner Ricardo Botelho impresses sources due to his "excellent knowledge of antitrust law." He draws upon more than ten years of experience to assist clients with the development and review of antitrust compliance programmes, in addition to undertaking merger filings and conduct investigations before CADE.

About the Team (content provided by Cascione, Pulino, Boulos & Santos Advogados)

The Competition and Antitrust department of Cascione, Pulino, Boulos & Santos Advogados has several years of experience in advising and representing notable national and international clients in complex antitrust matters and has been broadly recognized as a well-respected and admired antitrust team. Our lawyers have remarkable expertise in: 

  • Advise in complex merger reviews and other transactions before the Brazil’s antitrust authority;
  • Representation in cartel and other anticompetitive practices investigations as well as related damage claims;
  • Development and improvement of antitrust compliance programs;
  • Preventive counselling concerning various business practices;
  • Leniency agreements and cease-and-desist commitments with the competent authorities;
  • Due diligences; and
  • Court proceedings.

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Cescon, Barrieu, Flesch & Barreto Advogados - Competition/Antitrust Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Compact department within a respected full-service firm that is regularly retained by clients from the oil and gas, technology and pharmaceutical sectors to assist with merger filing cases and anti-competitive investigations. Also well equipped to deal with leniency and settlement agreements. BNP Paribas, Swiss Re and Tigre are new client wins.

Strengths Market onlookers praise the team, declaring that "the lawyers are skilled, efficient and always available," and adding: "They provide a comprehensive and in-depth analysis of the issues."

Work highlights Instructed by Vale Fertilizantes to act before CADE in a merger filing case in connection with the sale of its fertiliser business to Mosaic.

Notable practitioners

Respected department co-head Joyce Midori Honda is endorsed by numerous sources due to her activity level in merger filing cases before CADE. One market commentator describes her as "a very hard-working professional who offers practical assistance to clients," while a satisfied client says: "She is great and always available."

Ricardo Gaillard impresses sources due to his capabilities advising on antitrust compliance programmes, in addition to representing clients in merger filing mandates. One commentator states: "He is very helpful and interested in fully understanding the cases and the market we operate in to provide tailor-made advice."

About the Team (content provided by Cescon, Barrieu, Flesch & Barreto Advogados)

Cescon Barrieu is one of the top law firms in number of leniency applications successfully executed with CADE since the creation of the program, in 2003. 

The competition department is handling administrative proceedings for the investigation of all types of anti-competitive practices, including cartels, in a variety of industries.

The firm draws work from all industries but has been particularly busy within the technology, retail, private equity, pharmaceutical and oil and gas industries.

Souza Cescon is among the top firms in number of merger filings submitted according to the new Antitrust Law, including both fast-track proceedings and complex cases. It has strong expertise related to gun jumping provisions working closely with the firm's top-ranked M&A department.

The team has been extremely successful in reducing the timeframe for the approval of merger filings, due to its business oriented approach. Approx. 65% of the firm’s merger filings in 2015 were approved faster than CADE’s average time to clear transactions. 

The department has a strong expertise in multijurisdictional merger filings, as part of its close relation with well-established international law firms.

Cescon Barrieu is also consolidating its antitrust judicial practice, with clients hiring the firm to review the administrative decisions issued by CADE and to assess private suits to recover damages caused by cartels.

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Demarest Advogados - Competition/Antitrust Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Experienced team noted for its capabilities dealing with merger control cases, as well as cartel and antitrust-related litigation cases. Additionally sought out by leading companies in different sectors for its expertise in abuse of dominance investigations and compliance issues. Ashland, BASF and Solvay are new additions to the client list.

Strengths An interviewee comments: "The team of professionals is very responsive, knowledgeable and to the point," and also appreciates that "they keep us informed and understand our needs."

Work highlights Successfully advised Johnson & Johnson on obtaining approval from CADE for the USD4.3 billion acquisition of Abbott Medical Optics.

Notable practitioners

"Exceptional" practitioner Paola Pugliese co-heads the department and maintains a considerable track record assisting local and multinational clients with cartel investigations related to the construction and pharmaceutical industries. One satisfied client says: "I appreciate working with her because she brings solutions to the table and works side by side with clients," while peers report that she is visible acting before CADE on merger filing mandates.

"Active and experienced" department co-head Bruno Drago represents clients in contentious cases arising from competition issues. One source commends his assistance, saying that "he provides sterling work," and another interviewee adds: "He precisely explains the proceedings to clients and possesses great capabilities designing strategies."

"Hard-working" partner Daniel Oliveira Andreoli is further described by market commentators as "a very active practitioner in both merger filings and anti-competitive conduct mandates," with one stating: "He is very vigorous." Clients are also impressed by his "level of technical knowledge and swift responses." He additionally assists with leniency and settlement agreements.

About the Team (content provided by Demarest Advogados)

With a pioneering work and decades of experience in Antitrust Law, Demarest has represented countless clients in submissions and antitrust investigations before the Brazilian Antitrust Agency (CADE). Formed by seasoned professionals, educated at universities abroad and having practiced at renowned law firms in the United States and Europe, our team offers our clients an extensive assistance, keeping them permanently updated on any news that may affect their business. 

The area has an outstanding institutional presence in Brazil and abroad, evidenced by the relationship with other international law firms and the constant lectures and seminars its members deliver.

Some of the main activities conducted by this practice area include the preparation and notification of submissions (Concentration Acts); clients' representation in procedures, investigations and administrative proceedings to determine possible violations, negotiations of leniency and cease and desist agreements; legal remedies before the Courts aiming the review of administrative decisions; advice on various trade practices; preparation of compliance and training programs; and due diligence investigations involving competition matters.

Demarest's Antitrust team has the support of the Intellectual Property Department with which it has worked on several notorious cases involving competition and intellectual property rights, as well as the Criminal Department, especially in regard to typified collusive behavior.

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Lino, Beraldi, Belluzzo and Tartarini Advogados - Competition/Antitrust Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Well-known boutique respected for its expertise advising clients on merger filings, cartel investigations and the design and implementation of antitrust compliance programmes. Additionally well equipped to undertake antitrust litigation cases.

Strengths An interviewee appreciates "the personal engagement of the partners" and also singles out "the attention they pay to small but critical details."

Notable practitioners

Noteworthy name partner Fábio Francisco Beraldi actively assists multinational clients hailing from a wide range of sectors with contentious mandates related to anti-competitive practices, boasting particular expertise in cartel investigations. One market commentator says: "He is very attentive and vigorous," while another source states: "He is a good lawyer who stands out in this field."

About the Team (content provided by Lino, Beraldi, Belluzzo and Tartarini Advogados)

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Mundie Advogados - Competition/Antitrust Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Well-regarded competition team offering solid assistance to clients in connection with cartel investigations, merger filings and unilateral conduct cases. Often retained by market players in the food and drink and pharmaceutical industries to design and implement compliance programmes. Yahsat, Gates and Multilog are new client wins.

Strengths Commentators endorse the team's "superb technical skills, strong academic background, effective monitoring of market trends and outstanding sense of urgency."

Work highlights Assisted Agility with the negotiation of a settlement agreement with CADE in connection with a cartel investigation in the freight forwarding market.

Notable practitioners

According to clients, "responsive and pragmatic" head of department Guilherme Ribas "stands out due to his great strategic view and ability to identify risks and opportunities efficiently." One interviewee asserts: "He recently did a great job on a merger approval before CADE," and concludes: "He is very good at explaining complex issues and making the processes much simpler and more efficient."

Clients recommend associate-to-watch Enrico Romanielo, saying: "He is very trustworthy, knowledgeable of antitrust matters and has a notable sensitivity for identifying cross-cutting impacts." He assists with antitrust litigation and merger control cases.

About the Team (content provided by Mundie Advogados)

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Sampaio Ferraz Advogados - Competition/Antitrust Department

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Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Significant antitrust team well equipped to undertake contentious and consultancy mandates within the practice area. Particularly active assisting clients with merger control filings, anti-competitive conduct investigations and the negotiation of leniency and settlement agreements. J&F Investimentos and Ser Educacional are new client wins for the team.

Strengths The team is held in high esteem by a client, who highlights: "The team is very efficient and the partners are approachable. We appreciate that they respond to our demands promptly."

Work highlights Successfully represented UTC Participações in an administrative proceeding before CADE in relation to alleged cartel activity between construction companies in Petrobras and Eletronuclear bids.

Notable practitioners

Veteran lawyer Tercio Sampaio Ferraz Jr receives widespread acclaim from sources due to his lengthy track record in the antitrust arena. He remains visible providing legal opinions in connection with sophisticated issues. One client enthuses: "He is a renowned practitioner in this sphere, who is able to draw upon his vast legal knowledge to provide practical, feasible and business-oriented advice."

According to market onlookers, partner Juliano Maranhão "possesses great technical expertise combined with the ability to understand the clients' needs, which results in invaluable and practical advice." Numerous sources also praise his academic knowledge and experience as a professor. Clients benefit from his advice on investigations related to a wide range of anti-competitive practices, in addition to merger filings.

Professor and co-head of department Thiago Francisco da Silva Brito draws praise from sources, who report: "He is very available and provides us with clever and creative ideas that always add value to the cases." He actively assists clients with trade remedies issues, including defence in anti-competitive investigations.

About the Team (content provided by Sampaio Ferraz Advogados)

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Veirano Advogados - Competition/Antitrust Department

-

Band 3

第三等

Chambers Commentary (based on the Chambers research)

What the team is known for Established player in the Brazilian antitrust field with significant expertise in merger control cases and cartel investigations. Team is particularly active assisting national and foreign clients from the pharmaceutical, energy and telecommunications sectors with leniency and settlement agreements. Statoil, Autostrade and CSN are new client wins.

Strengths Interviewees declare: "The team offers broad experience and a hands-on attitude, in addition to pragmatic and commercially oriented advice."

Work highlights Instructed by Ceva Santé Animale to assist with the merger filing before CADE in connection with its acquisition of Hertape Saúde Animal and Inova Biotecnologia.

Notable practitioners

Noteworthy department co-head Mariana Villela receives praise from sources, who say: "She is very knowledgeable in competition matters." Villela covers a range of mandates within the area, including anti-competitive conduct investigations and the development of antitrust compliance programmes. Another client reports: "She provides very pragmatic and accurate advice."

Up-and-coming partner Leonardo Maniglia Duarte co-heads the department and maintains an active practice advising clients on anti-competitive practice investigations, in addition to merger filings. Clients point out: "He is proactive and very responsive, in addition to providing comprehensive advice."

About the Team (content provided by Veirano Advogados)

Veirano Advogados has been active in the field of competition law for over 20 years. Our team has closely followed the evolution of Brazilian competition law, culminating in the 2012 Competition Act (Law 12,529/2011), and has represented domestic and international clients in complex and often groundbreaking issues.

To match the interdisciplinary nature of competition law, our team consists of professionals with an international perspective and diversified experience. Several have completed post-graduate work in Brazil and overseas and gained experience at foreign law firms. Some have also held senior posts at antitrust agencies, including positions of leadership.

We offer services in all areas of competition law, ranging from advice on everyday commercial practices to management of complex aspects of merger control and investigations of anticompetitive conduct.

  •  Assessment of competition risks
  • Challenges to transactions before the antitrust authorities
  • Negotiation of remedies
  • Notifications for highly complex transactions

Under the new legislation, transactions may be implemented only after clearance by the Brazilian antitrust authority Conselho Administrativo de Defesa Econômica (CADE).
As well, the attorneys in our Brasília office keep in daily contact with the authorities, ensuring that proceedings are constantly monitored and giving us a well-deserved reputation for quality and efficiency.

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Franceschini e Miranda - Advogados - Competition/Antitrust Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Seasoned team often retained by companies hailing from the mining, steel and construction sectors to advise on a wide range of competition mandates. Particularly well equipped to assist with merger approvals before CADE, in addition to anti-competitive conduct investigations.

Notable practitioners

Renowned senior statesman José Inácio Gonzaga Franceschini continues to garner significant praise from a number of market sources for his vast contributions to the practice area. Sources report that he remains visible in the field, with one commentator stating that "he is an excellent lawyer," and another remarking that "he is an expert who is widely known in the antitrust field."

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Koury Lopes Advogados - Competition/Antitrust Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Noted team particularly active in merger control cases. Also offers solid experience in anti-competitive conduct investigations, in addition to providing assistance with the design of antitrust compliance programmes. Freudenberg Nok and Corbion Group are new additions to the client list.

Strengths One commentator states: "As they are a multidisciplinary team, they can offer a thorough analysis of matters to the clients." The source also appreciates "the swift replies provided by the partners, with whom we have a direct line of contact."

Work highlights Advised WPP Pmweb on the merger filing before CADE in connection with its acquisition of a 13.93% equity interest in PM Comunicação.

Notable practitioners

Experienced co-head of department Gianni Nunes de Araújo offers a comprehensive competition practice, including advice on antitrust compliance, merger filings and related litigation. One impressed client singles her out as "a very good lawyer for antitrust matters, who possesses great practical skills."

About the Team (content provided by Koury Lopes Advogados)

KLA advises and represents a broad range of international clients operating and willing to operate in Brazil. In light of that, KLA Competition/Antitrust area becomes focused on advising such international clients on the Antitrust filings arisen from their M&A transactions.

Some of KLA major clients in the Antitrust area is private equity funds, advertisement, real estate, food, auto parts, education, retail, cement, steel, metals, beverages, agriculture, telecommunications, information technology, paper and pulp, electrical energy, environmental solutions, engineering and sanitation.

The Competition/Antitrust team has extensive experience in issues related to economic and regulatory law offering expert legal advice through the development of effective and innovative strategies on transactions and on the defense of domestic and international organizations and individuals. 

In its untiring efforts to provide full support to its clients, the firm has an economist in house who works with the attorneys in complex cases. The Competition/Antitrust Team at our Brasília office keeps direct contact with the antitrust authorities.

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Lefosse Advogados - Competition/Antitrust Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Known for its expertise dealing with cartel investigations, as well as merger control and compliance matters, on behalf of a diverse client roster composed of financial services, retail, pharmaceutical and construction companies. New clients include Petrobrás, EMS and Mann Hummel.

Strengths Interviewees describe the department as "a very experienced team that offers a good service with a client-focused approach."

Work highlights Defended Carioca Engenharia in a cartel investigation related to Operation Car Wash.

Notable practitioners

Clients describe department head José Carlos da Matta Berardo as "a brilliant and very proactive lawyer who possesses in-depth and solid knowledge." Another source states: "He truly masters the antitrust arena," while a market observer reports that "he is very hard-working." His dynamic practice covers merger control and anti-competitive behaviour cases.

Up-and-coming lawyer Paulo Lilla is recognised by market sources as "an experienced and hard-working practitioner." His experience in the competition sphere encompasses merger filing mandates and anti-competitive conduct investigations.

About the Team (content provided by Lefosse Advogados)

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Lobo de Rizzo Advogados - Competition/Antitrust Department

-

Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Significant antitrust team often retained to assist with merger control matters and anti-competitive conduct investigations. Additionally offers proven capabilities in related leniency and settlement agreements, as well as preventive antitrust consultancy. Panini Brasil is a new client win.

Strengths One commentator says: "The team understands how competition law fits within the broader context of complex corporate transactions and other business matters."

Work highlights Represented Mosaic Fertilizantes do Brasil in the merger filing connected with its acquisition of Vale Fertilizantes.

Notable practitioners

Well-regarded head of department Sérgio Varella Bruna has an important competition practice assisting with merger filings related to high-profile transactions in a wide range of industries, in addition to assisting with cartel investigations on behalf of construction and transport companies. Clients say: "He is very experienced, pleasant to work with and gives you peace of mind when dealing with cases."

About the Team (content provided by Lobo de Rizzo Advogados)

Our team has worked on some of the most significant cartel investigations pending before the Brazilian antitrust authorities, as well as some of the most high profile economic concentrations in recent times.

We provide advice in all aspects of Brazilian competition law, especially on issues of competitive conduct and mergers, as well as advice on structuring transactions in full compliance with requirements of Brazilian antitrust authorities.

We also advise on matters relating to regulated sectors such as telecommunications, oil and gas, mining, food, energy, infrastructure, regulated professions, among others.

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Vella Pugliese Buosi e Guidoni Advogados - Competition/Antitrust Department

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Band 4

第四等

Chambers Commentary (based on the Chambers research)

What the team is known for Compact antitrust team advising local and international clients on merger control cases, in addition to structuring compliance programmes. Also well regarded for its activity in cartel and unilateral conduct investigations. Particularly popular among financial services and media companies.

Strengths Clients acknowledge the quality of the service provided, saying the lawyers are "very attentive and helpful," and also endorse their "outstanding legal knowledge."

Work highlights Retained by Enel to act before CADE in connection with its acquisition of CELG-D.

Notable practitioners

"Highly competent and specialised" department head Priscila Brólio Gonçalves receives plaudits for her "strong academic background," while another source emphasises that "she is intelligent and very active." A broad clientele, which includes energy and automotive companies, benefit from her skilled assistance with merger filings and cartel investigations, in addition to antitrust compliance training.

About the Team (content provided by Vella Pugliese Buosi e Guidoni Advogados)

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Senior Statesperson

José Del Chiaro Ferreira da Rosa

Advocacia José Del Chiaro

From the Chambers Latin America guide

Senior statesman José Del Chiaro Ferreira da Rosa is hailed by one impressed client for his "extensive knowledge of competition matters, with particular expertise in mandates before CADE," and this source also highlights his "masterful technical prowess and impressive availability." Another commentator enthuses: "He brings an incredible level of experience to cases."

^ See whole ranking table

Senior Statesperson

Tulio do Egito Coelho

Trench Rossi Watanabe (in cooperation with Baker McKenzie International)

From the Chambers Latin America guide

Senior statesman Tulio do Egito Coelho is described by clients as "very experienced and skilled dealing with complex negotiations." He is held in high esteem by market sources due to his long-standing practice in the competition arena, in particular his acumen in merger control cases and antitrust litigation matters. As an of counsel, he is regularly involved in the design of strategy for sophisticated cases.

^ See whole ranking table

Senior Statesperson

Pedro Dutra Advogados

From the Chambers Latin America guide

Senior statesman Pedro Dutra of Pedro Dutra Advogados is held in high esteem by market observers due to his in-depth knowledge of the antitrust arena. He draws upon over 40 years of experience to assist clients with a wide range of competition issues. Remains visible providing seminars and publishing articles about competition and public law.

^ See whole ranking table

Senior Statesperson

José Inácio Gonzaga Franceschini

Franceschini e Miranda - Advogados

From the Chambers Latin America guide

Renowned senior statesman José Inácio Gonzaga Franceschini continues to garner significant praise from a number of market sources for his vast contributions to the practice area. Sources report that he remains visible in the field, with one commentator stating that "he is an excellent lawyer,"  and another remarking that "he is an expert who is widely known in the antitrust field."

^ See whole ranking table

Senior Statesperson

Grinberg, Cordovil Advogados

From the Chambers Latin America guide

Senior statesman Mauro Grinberg garners widespread praise from peers and clients alike due to his "in-depth knowledge of CADE-related mandates and particular focus on transactional cases." Sources report that he is visible providing legal opinions, and one client goes on to assert: "I do not have to ask for any changes in the documents he produces. Everything is well written, very clear and tailor-made."

^ See whole ranking table

Senior Statesperson

Mattos Engelberg Advogados

From the Chambers Latin America guide

Seasoned practitioner Ubiratan Mattos of Mattos Engelberg Advogados continues to command an impressive reputation in the competition sphere, as one source affirms: "He is an experienced and reputable figure in the field." His long-standing practice spans a wide range of competition matters, including multi-jurisdictional merger filings. Market onlookers also highlight his great litigation skills.

^ See whole ranking table

Senior Statesperson

Bolívar Moura Rocha

Levy & Salomão Advogados

From the Chambers Latin America guide

Deeply respected senior statesman Bolívar Moura Rocha continues to enjoy an outstanding position within the competition legal market. One client reports that "he recently led a very complex negotiation before CADE," while a market commentator further endorses: "He is a lawyer of the highest calibre." His expertise spans complex contentious and transactional mandates.

^ See whole ranking table

Senior Statesperson

Tercio Sampaio Ferraz Jr

Sampaio Ferraz Advogados

From the Chambers Latin America guide

Veteran lawyer Tercio Sampaio Ferraz Jr receives widespread acclaim from sources due to his lengthy track record in the antitrust arena. He remains visible providing legal opinions in connection with sophisticated issues. One client enthuses: "He is a renowned practitioner in this sphere, who is able to draw upon his vast legal knowledge to provide practical, feasible and business-oriented advice."

^ See whole ranking table

Eminent Practitioner

Amadeu Carvalhaes Ribeiro

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados

From the Chambers Latin America guide

Eminent practitioner and managing partner of Mattos Filho's New York office Amadeu Carvalhaes Ribeiro remains a recognised presence in the local competition market, as one commentator states: "He is brilliant and particularly popular among foreign clients. He possesses a great vision of the market." Another source adds: "He has great client skills and significant knowledge of Brazilian competition law."

^ See whole ranking table

Star Individuals

Barbara Rosenberg

BMA – Barbosa, Müssnich, Aragão

From the Chambers Latin America guide

Highly respected star individual Barbara Rosenberg commands an outstanding reputation among market sources, who describe her as "fantastic" and "exceptional," with one interviewee attesting: "She is one of the best lawyers I have ever worked with and truly one of the most respected in this field." Commentators are also impressed by her visible presence in the market, and one client says: "She provides a very sophisticated and specialised service in complex cases." She regularly advises on merger reviews and anti-competitive practices, including cartel investigations.

^ See whole ranking table

Band 1

Tito Amaral de Andrade

Machado, Meyer, Sendacz e Opice

From the Chambers Latin America guide

Distinguished practice head Tito Amaral de Andrade is described by one commentator as "an outstanding lawyer," while another source states: "He is truly good for competition matters." Clients benefit from his experienced practice in the area and particular acumen dealing with merger control cases and cartel investigations. Market observers also highlight "his strategic mindset," and one client commends his "excellent client skills and ability to provide creative solutions."

^ See whole ranking table

Band 1

TozziniFreire Advogados

From the Chambers Latin America guide

Revered partner Marcelo Calliari enjoys an outstanding reputation within the sector and garners praise from peers and clients alike. One satisfied client states: "He is one of the leading lawyers in this field," while another interviewee says: "He is an excellent lawyer who provides comprehensive advice," also adding that "he has in-depth expertise as a consequence of his previous experience as a CADE commissioner." Calliari regularly represents clients in leniency agreements and anti-competitive investigations.

^ See whole ranking table

Band 1

Caminati Bueno Advogados

From the Chambers Latin America guide

Prestigious co-head of department Eduardo Caminati is hailed by market commentators as "a very diligent and efficient lawyer who delivers top-quality work." A client also notes: "He is available at all times, making you feel that you are their only client," further highlighting his "superb background and in-depth knowledge of this sector." Caminati specialises in anti-competitive practice cases and offers particular expertise handling high-stakes cartel investigations related to bid rigging.

^ See whole ranking table

Band 1

Caio Mário da Silva Pereira Neto

Pereira Neto | Macedo

From the Chambers Latin America guide

Esteemed competition expert Caio Mário da Silva Pereira Neto receives plaudits from clients, who report: "He is an excellent and proactive professional who possesses in-depth technical knowledge and offers top-notch advice." Another source appreciates his "client skills and the swift understanding of the client's business model for the proposal of  tailor-made solutions." He is well equipped to undertake cartel and abuse of dominance investigations, in addition to assisting with merger reviews.

^ See whole ranking table

Band 1

Cristianne Saccab Zarzur

Pinheiro Neto Advogados

From the Chambers Latin America guide

A client rates Cristianne Saccab Zarzur as "one of the best antitrust lawyers," adding: "She is business-oriented and understands the importance of cases for the clients." One market commentator endorses her, stating: "She is wonderful at dealing with merger cases," while another observer says: "She is a great choice for complex antitrust cases." Her expertise also includes cartel investigations and settlement agreements. One peer concludes: "I would refer her to my clients in the case of a conflict of interests."

^ See whole ranking table

Band 2

José Alexandre Buaiz Neto

Pinheiro Neto Advogados

From the Chambers Latin America guide

Much-admired partner José Alexandre Buaiz Neto is held in high esteem by clients, as one source reports that "he is an extremely competent, proactive and committed lawyer." Another impressed interviewee enthuses: "He not only possesses great knowledge of antitrust matters, but also excellent judgement," adding: "Whenever I have a complex issue, I discuss it with him. He is the ideal lawyer and has our interests at heart."

^ See whole ranking table

Band 2

Grinberg, Cordovil Advogados

From the Chambers Latin America guide

"Very active" partner Leonor Cordovil is highly praised by sources, as one client states: "She is a really focused and conscientious lawyer who possesses major antitrust knowledge and great experience dealing with CADE." Market commentators also add to the praises, saying that "she is very articulate." Cordovil is often instructed to assist multinational clients with cartel investigations.

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Band 2

Ana Paula Martinez

Levy & Salomão Advogados

From the Chambers Latin America guide

Ana Paula Martinez is acknowledged within market commentators as "one of the best lawyers regarding cartel investigations." She is additionally active in merger cases and antitrust compliance mandates. One client particularly values that "she has a multidisciplinary background. Her sound knowledge of criminal and international law, as well as her experienced competition practice, have been very useful and strategic for us."

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Band 2

Gabriel Nogueira Dias

Magalhães e Dias

From the Chambers Latin America guide

Gabriel Nogueira Dias routinely advises clients on merger filings related to high-end transactions, as well as cartel investigations. One satisfied client declares: "He is adept at dealing with a wide range of clients and focuses on offering constructive and practical solutions that add value to the business," while another interviewee adds: "He is an outstanding professional who offers precise advice and boasts impeccable leadership skills."

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Band 2

Demarest Advogados

From the Chambers Latin America guide

"Exceptional" practitioner Paola Pugliese co-heads the department and maintains a considerable track record assisting local and multinational clients with cartel investigations related to the construction and pharmaceutical industries. One satisfied client says: "I appreciate working with her because she brings solutions to the table and works side by side with clients," while peers report that she is visible acting before CADE on merger filing mandates.

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Band 2

Mariana Tavares de Araujo

Levy & Salomão Advogados

From the Chambers Latin America guide

Mariana Tavares de Araujo rises in the rankings due to excellent feedback from clients, as one source commends her "excellent technical skills, strategic vision and experience dealing with the Brazilian government bodies." One market observer also adds to her praises, stating: "She possesses valuable experience due to her previous work within the public sphere." She is often hired to assist with merger filings and leniency agreements.

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Band 2

Francisco Todorov

Trench Rossi Watanabe (in cooperation with Baker McKenzie International)

From the Chambers Latin America guide

Department head Francisco Todorov is acknowledged by one source as "a fantastic lawyer," while another commentator adds that "he boasts exceptional technical skills." One impressed client pinpoints: "He is a transactional lawyer who also has great ability in handling disputes before CADE," and concludes: "He is great to work with and I definitely recommend him." He is particularly popular among energy and construction companies.

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Band 2

Sérgio Varella Bruna

Lobo de Rizzo Advogados

From the Chambers Latin America guide

Well-regarded head of department Sérgio Varella Bruna has an important competition practice assisting with merger filings related to high-profile transactions in a wide range of industries, in addition to assisting with cartel investigations on behalf of construction and transport companies. Clients say: "He is very experienced, pleasant to work with and gives you peace of mind when dealing with cases."

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Band 3

Vicente Bagnoli Advogados

From the Chambers Latin America guide

Respected partner Vicente Bagnoli of Vicente Bagnoli Advogados is recognised by market commentators for his significant professional and academic role in the field. Sources endorse him, saying: "He is a really good antitrust lawyer." Clients often benefit from his expert legal opinions.

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Band 3

Fábio Francisco Beraldi

Lino, Beraldi, Belluzzo and Tartarini Advogados

From the Chambers Latin America guide

Noteworthy name partner Fábio Francisco Beraldi actively assists multinational clients hailing from a wide range of sectors with contentious mandates related to anti-competitive practices, boasting particular expertise in cartel investigations. One market commentator says: "He is very attentive and vigorous," while another source states: "He is a good lawyer who stands out in this field."

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Band 3

José Carlos da Matta Berardo

Lefosse Advogados

From the Chambers Latin America guide

Clients describe department head José Carlos da Matta Berardo as "a brilliant and very proactive lawyer who possesses in-depth and solid knowledge." Another source states: "He truly masters the antitrust arena," while a market observer reports that "he is very hard-working." His dynamic practice covers merger control and anti-competitive behaviour cases.

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Band 3

Priscila Brólio Gonçalves

Vella Pugliese Buosi e Guidoni Advogados

From the Chambers Latin America guide

"Highly competent and specialised" department head Priscila Brólio Gonçalves receives plaudits for her "strong academic background," while another source emphasises that "she is intelligent and very active." A broad clientele, which includes energy and automotive companies, benefit from her skilled assistance with merger filings and cartel investigations, in addition to antitrust compliance training.

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Band 3

Lauro Celidonio Neto

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados

From the Chambers Latin America guide

Lauro Celidonio Neto is held in high esteem by clients and peers alike due to his long-standing practice in this arena, which spans merger filings and anti-competitive conduct investigations before the authorities. One impressed source enthuses: "He is very well known in the competition sphere and within CADE." He is particularly well equipped to assist clients from the automotive and financial services sectors.

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Band 3

Olavo Zago Chinaglia

Pereira Neto | Macedo

From the Chambers Latin America guide

"Besides his great expertise in competition matters," partner Olavo Zago Chinaglia"identifies the particularities of his clients' businesses to provide tailor-made recommendations," endorses one interviewee. He draws upon his long-standing expertise, which includes a former role as interim president of CADE, to advise clients on the full gamut of antitrust mandates, with particular strength in cartel and abuse of dominance cases.

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Band 3

Renê Guilherme da Silva Medrado

Pinheiro Neto Advogados

From the Chambers Latin America guide

Clients emphasise the technical capabilities of experienced partner Renê Guilherme da Silva Medrado, as one source attests: "He is great at dealing with a wide range of matters, including merger filings and administrative proceedings before CADE." One peer concludes: "I worked across from him in a case and it was a positive experience, he is good."

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Band 3

Marcio de Carvalho Silveira Bueno

Caminati Bueno Advogados

From the Chambers Latin America guide

A client says: "Working with partnerMarcio de Carvalho Silveira Buenowas a great experience. He is analytical, very meticulous and always available," going on to assert: "I will definitely hire him again." He is often instructed to assist with merger filings and cartel investigations, as one source confirms: "He led our defence and did an excellent job, in addition to being great with clients too."

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Band 3

Marcio Dias Soares

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados

From the Chambers Latin America guide

Commentators are full of praise for "very good competition lawyer"Marcio Dias Soares and say: "He offers a good client service and is able to remain calm when discussions get very heated." He regularly assists with merger filings and cartel investigations, and one client endorses his "unique sensibility and full commitment when working on very complex cases."

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Band 3

Demarest Advogados

From the Chambers Latin America guide

"Active and experienced" department co-head Bruno Drago represents clients in contentious cases arising from competition issues. One source commends his assistance, saying that "he provides sterling work," and another interviewee adds: "He precisely explains the proceedings to clients and possesses great capabilities designing strategies."

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Band 3

Juliano Maranhão

Sampaio Ferraz Advogados

From the Chambers Latin America guide

According to market onlookers, partner Juliano Maranhão "possesses great technical expertise combined with the ability to understand the clients' needs, which results in invaluable and practical advice." Numerous sources also praise his academic knowledge and experience as a professor. Clients benefit from his advice on investigations related to a wide range of anti-competitive practices, in addition to merger filings.

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Band 3

Aurélio Marchini Santos

Cascione, Pulino, Boulos & Santos Advogados

From the Chambers Latin America guide

Experienced co-head of department Aurélio Marchini Santos actively assists clients with merger reviews and anti-competitive conduct investigations. One market source attests that "he is visible working before CADE," and adds: "He is a very intelligent lawyer who develops good strategies for his clients." He additionally assists with the development of antitrust compliance programmes.

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Band 3

Vinicius Marques de Carvalho

Vinicius Marques de Carvalho Advogados

From the Chambers Latin America guide

Respected founding partner Vinicius Marques de Carvalho of Vinicius Marques de Carvalho Advogados enters the rankings this year on the back of strong recognition from peers and clients alike for his extensive expertise in this field. One client enthusiastically lauds his "excellent experience and respected academic credentials," while another attests to his "comprehensive view of cases."

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Band 3

André Marques Gilberto

Chaves, Gelman, Machado, Gilberto e Barboza Advogados

From the Chambers Latin America guide

Well-reputed practitioner André Marques Gilberto of Chaves, Gelman, Machado, Gilberto e Barboza Advogados is regarded as "an expert in competition matters, who is always available, responds very promptly and provides legal opinions that fit our needs." Another source highlights that "he is a strategic and business-oriented lawyer who is very good in merger filings."

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Band 3

Joyce Midori Honda

Cescon, Barrieu, Flesch & Barreto Advogados

From the Chambers Latin America guide

Respected department co-head Joyce Midori Honda is endorsed by numerous sources due to her activity level in merger filing cases before CADE. One market commentator describes her as "a very hard-working professional who offers practical assistance to clients," while a satisfied client says: "She is great and always available."

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Band 3

Maria Eugênia Novis

Machado, Meyer, Sendacz e Opice

From the Chambers Latin America guide

Clients emphasise partner Maria Eugênia Novis's skills, saying: "She is charismatic, very up to date and provides high-quality practical advice in a timely manner." Her expertise spans merger notifications and administrative proceedings connected with antitrust violations. Another source attests: "She is experienced, objective and very focused on solving problems."

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Band 3

Daniel Oliveira Andreoli

Demarest Advogados

From the Chambers Latin America guide

"Hard-working" partner Daniel Oliveira Andreoli is further described by market commentators as "a very active practitioner in both merger filings and anti-competitive conduct mandates," with one stating: "He is very vigorous." Clients are also impressed by his "level of technical knowledge and swift responses." He additionally assists with leniency and settlement agreements.

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Band 3

Mundie Advogados

From the Chambers Latin America guide

According to clients, "responsive and pragmatic" head of department Guilherme Ribas"stands out due to his great strategic view and ability to identify risks and opportunities efficiently." One interviewee asserts: "He recently did a great job on a merger approval before CADE," and concludes: "He is very good at explaining complex issues and making the processes much simpler and more efficient."

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Band 3

Marcos Paulo Verissimo

Machado, Meyer, Sendacz e Opice

From the Chambers Latin America guide

Admired partner Marcos Paulo Verissimo is described by one commentator as "a very intelligent and articulate lawyer," while numerous sources recognise his in-depth expertise due to his former role as a commissioner at CADE. He is often instructed by clients hailing from the telecommunications and healthcare sectors to assist with merger control cases and antitrust investigations.

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Band 3

Veirano Advogados

From the Chambers Latin America guide

Noteworthy department co-head Mariana Villela receives praise from sources, who say: "She is very knowledgeable in competition matters." Villela covers a range of mandates within the area, including anti-competitive conduct investigations and the development of antitrust compliance programmes. Another client reports: "She provides very pragmatic and accurate advice."

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Band 4

Patricia Agra Araujo

L.O. Baptista Advogados

From the Chambers Latin America guide

Head of department Patricia Agra Araujo of L.O. Baptista Advogados garners praise for her practice, and one source reports that "she is very well appreciated in the market." She routinely assists with cartel investigations and merger control cases and clients emphasise: "She is knowledgeable, business-oriented and available."

^ See whole ranking table

Band 4

Cascione, Pulino, Boulos & Santos Advogados

From the Chambers Latin America guide

São Paulo-based partner Ricardo Botelho impresses sources due to his "excellent knowledge of antitrust law." He draws upon more than ten years of experience to assist clients with the development and review of antitrust compliance programmes, in addition to undertaking merger filings and conduct investigations before CADE.

^ See whole ranking table

Band 4

Paulo Leonardo Casagrande

Stocche Forbes Advogados

From the Chambers Latin America guide

Paulo Leonardo Casagrande of Stocche Forbes Advogados maintains a recognised practice within the sector, with particular know-how in cartel investigations and merger reviews. One source rates that "he is a great antitrust lawyer," while another client commends his "technical competence, availability and objective communication skills."

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Band 4

Thiago Francisco da Silva Brito

Sampaio Ferraz Advogados

From the Chambers Latin America guide

Professor and co-head of department Thiago Francisco da Silva Brito draws praise from sources, who report: "He is very available and provides us with clever and creative ideas that always add value to the cases." He actively assists clients with trade remedies issues, including defence in anti-competitive investigations.

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Band 4

Alexandre Ditzel Faraco

Levy & Salomão Advogados

From the Chambers Latin America guide

Alexandre Ditzel Faraco receives praise from clients due to his "specialised work in connection with merger reviews, in addition to his strong capabilities when performing regulatory analysis." Multiple market sources highlight his solid legal knowledge, as one interviewee attests: "He is an academic and a very technical lawyer."

^ See whole ranking table

Band 4

Cescon, Barrieu, Flesch & Barreto Advogados

From the Chambers Latin America guide

Ricardo Gaillard impresses sources due to his capabilities advising on antitrust compliance programmes, in addition to representing clients in merger filing mandates. One commentator states: "He is very helpful and interested in fully understanding the cases and the market we operate in to provide tailor-made advice."

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Band 4

Eric Hadmann Jasper

Gico, Hadmann & Dutra Advogados

From the Chambers Latin America guide

A client describes Eric Hadmann Jasper of Gico, Hadmann & Dutra Advogados as "a great ally who is mindful, always available and offers accurate advice in antitrust compliance mandates." He regularly represents clients from the freight forwarding market in cartel investigations and other administrative proceedings before CADE.

^ See whole ranking table

Band 4

Ricardo Inglez de Souza

Inglez, Werneck, Ramos, Cury e Françolin Advogados

From the Chambers Latin America guide

Commentators are impressed by partner Ricardo Inglez de Souza of Inglez, Werneck, Ramos, Cury e Françolin Advogados, as one source enthuses: "He is practical, intelligent and business-oriented," adding that "all his qualities make him a competitive advantage to his clients." He often advises on merger control matters and cartel investigations.

^ See whole ranking table

Band 4

Marcel Medon Santos

TozziniFreire Advogados

From the Chambers Latin America guide

Marcel Medon Santos is described by commentators as "a very good professional on whom you can rely." His practice spans the implementation of antitrust compliance programmes and merger reviews, in addition to defending clients in administrative proceedings before CADE.

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Band 4

Eduardo Molan Gaban

Tauil & Chequer Advogados in association with Mayer Brown

From the Chambers Latin America guide

Eduardo Molan Gaban of Tauil & Chequer Advogados in association with Mayer Brown is recommended by clients, who attest: "He boasts great knowledge in this field, which inspires confidence in the solutions proposed by him." Another source was impressed by "the vast knowledge he demonstrated recently in a cartel case." 

^ See whole ranking table

Band 4

Francisco Negrão

Magalhães e Dias

From the Chambers Latin America guide

"Hard-working" partner Francisco Negrão enters the rankings following impressive market endorsement for his "significant expertise in this practice area," in addition to his "considerable economics acumen." He actively represents clients before CADE in merger filings and anti-competitive conduct investigations.

^ See whole ranking table

Band 4

Gianni Nunes de Araújo

Koury Lopes Advogados

From the Chambers Latin America guide

Experienced co-head of department Gianni Nunes de Araújo offers a comprehensive competition practice, including advice on antitrust compliance, merger filings and related litigation. One impressed client singles her out as "a very good lawyer for antitrust matters, who possesses great practical skills."

^ See whole ranking table

Band 4

Ademir Antonio Pereira Júnior

Advocacia José Del Chiaro

From the Chambers Latin America guide

Ademir Antonio Pereira Júnior is described by one client as "a clever, efficient and hard-working lawyer who benefits from very good instincts." Another interviewee further declares: "He combines the theoretical and practical knowledge of competition law, together with great expertise acting before CADE."

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Band 4

José Inácio Almeida Prado Filho

BMA – Barbosa, Müssnich, Aragão

From the Chambers Latin America guide

Partner José Inácio Almeida Prado Filho rises in the rankings following excellent feedback from clients, who endorse his "technical capabilities, including his relevant skills dealing with economic matters and handling cases before CADE." Market sources add that "he is a very intelligent and studious lawyer."

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Band 4

Leonardo Rocha e Silva

Pinheiro Neto Advogados

From the Chambers Latin America guide

Key partner Leonardo Rocha e Silva is noted by market sources for his high level of activity in the antitrust field, with one interviewee remarking: "He is really good dealing with cartel cases." He routinely leads the team in relevant anti-competitive investigation cases, in addition to assisting with merger filings.

^ See whole ranking table

Band 4

Wongtschowski & Zanotta Advogados

From the Chambers Latin America guide

"Great lawyer" Pedro Zanotta of Wongtschowski & Zanotta Advogados enters the rankings due to solid recognition from sources, who consider him a significant player in the market, especially in connection with investigations.

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Up and Coming

Marcos Antonio Tadeu Exposto Jr

BMA – Barbosa, Müssnich, Aragão

From the Chambers Latin America guide

New addition to the rankings, up-and-coming partner Marcos Antonio Tadeu Exposto Jr is noted by clients as "a good lawyer who provides careful and accurate advice." Sources also endorse his "experience dealing with leniency issues."

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Up and Coming

Renata Fonseca Zuccolo

Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados

From the Chambers Latin America guide

Up-and-coming partner Renata Fonseca Zuccolo enters the rankings due to strong recognition from commentators, with different sources describing her as "very knowledgeable" and "incredibly responsive." A client also reports that "she is very present working before CADE."

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Up and Coming

Trench Rossi Watanabe (in cooperation with Baker McKenzie International)

From the Chambers Latin America guide

Up-and-coming partner Adriana Giannini is well equipped to assist with merger control cases. He also routinely handles cross-border cartel and abuse of dominance investigations and advises on antitrust compliance. Clients appreciate that "she is very responsive and precise."

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Up and Coming

Lefosse Advogados

From the Chambers Latin America guide

Up-and-coming lawyer Paulo Lilla is recognised by market sources as "an experienced and hard-working practitioner." His experience in the competition sphere encompasses merger filing mandates and anti-competitive conduct investigations.

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Up and Coming

Leonardo Maniglia Duarte

Veirano Advogados

From the Chambers Latin America guide

Up-and-coming partner Leonardo Maniglia Duarte co-heads the department and maintains an active practice advising clients on anti-competitive practice investigations, in addition to merger filings. Clients point out: "He is proactive and very responsive, in addition to providing comprehensive advice."                                                                                                                                                                                                                                                                                                                     

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Associates to watch

Caminati Bueno Advogados

From the Chambers Latin America guide

Associate-to-watch Guilherme Misale enters this year's rankings following high praise from clients, as one explains: "He is a great lawyer and experienced beyond his years." He often assists with significant merger filings.

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Associates to watch

Mundie Advogados

From the Chambers Latin America guide

Clients recommend associate-to-watch Enrico Romanielo, saying: "He is very trustworthy, knowledgeable of antitrust matters and has a notable sensitivity for identifying cross-cutting impacts." He assists with antitrust litigation and merger control cases.

^ See whole ranking table