By Diego Herrera Moraes, U.S. Federal Trade Commission*
Starting on May 29, 2012, the most substantive reform of Brazil’s antitrust enforcement since the current framework was established in 1994 will enter into force.(1) But is Law No. 12,529/11 (“the New Law”) in line with international competition best practices? Best answer: reforms have been achieved, but great challenges still lie ahead. Before any further conclusions, it is important to walk through the main changes introduced by the New Law.