The Administrative Council for Economic Defense (in

Portuguese Portuguese may refer to: * anything of, from, or related to the country and nation of Portugal ** Portuguese cuisine, traditional foods ** Portuguese language, a Romance language *** Portuguese dialects, variants of the Portuguese language ** Portu ...

, ''Conselho Administrativo de Defesa Econômica'', often referred to as Cade or CADE) is Brazil's national

competition regulator A competition regulator is the institution that oversees the functioning of the markets. And the Law in which it takes cognizance of situations having any type of impediments and distortions on the markets and correct them is the competition law ...

and an agency of the

government of Brazil The Federal Government of Brazil (''Governo Federal'') is the national government of the Federative Republic of Brazil, a republic in South America divided in 26 states and a federal district. The Brazilian federal government is divided in thre ...

. Its stated goals are "guiding, inspecting, preventing and investigating

economic power Economic power refers to the ability of countries, businesses or individuals to improve living standards. It increases their ability to make decisions on their own that benefit them. Scholars of international relations also refer to the economic p ...

abuse by exercising a custodial role in its prevention and repression".CADE's official website (in Portuguese).
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History

On September 10, 1962 CADE was created as an organ of the Ministry of Labor during the government of President

João Goulart João Belchior Marques Goulart (1 March 1919 – 6 December 1976), commonly known as Jango, was a Brazilian politician who served as the 24th president of Brazil until a military coup d'état deposed him on 1 April 1964. He was considered the ...

by Law No. 4,137. From its creation until 1991, it remained largely inactive being used as an instrument of the State. Law No. 8,884, of June 11, 1994, revoked Law No. 4,137 and transformed CADE into a federal agency linked to the Ministry of Justice. In November 2011, Law No. 12,529 was approved, entering into force in May 2012. This law made numerous changes in the autarchy, especially from an organizational and procedural perspective.

Structure

CADE's main bodies are the Administrative Court (TADE), the General Superintendence (SG) and the Department of Economic Studies (DEE). TADE has the role of judging competition matters, playing preventive, repressive and educational roles within the Brazilian market. The SG mainly plays the role of instructing the processes in the control of conducts and concentrations and of monitoring the market. DEE prepares economic studies in order to assist TADE and SG. Similar institutions with equivalent functions to those of CADE are the

Federal Trade Commission The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction ov ...

(FTC) in the United States of America, the

Office of Fair Trading The Office of Fair Trading (OFT) was a non-ministerial government department of the United Kingdom, established by the Fair Trading Act 1973, which enforced both consumer protection and competition law, acting as the United Kingdom's economic ...

(OFT) in the United Kingdom, the

Italian Competition Authority The Italian Competition Authority ( it, Autorità Garante della Concorrenza e del Mercato, AGCM) is the competition regulator in Italy. It is an Italian Quango, quasi-autonomous non-governmental organization established on the basis of Law №287 o ...

, the

Australian Competition & Consumer Commission The Australian Competition and Consumer Commission (ACCC) is the chief competition regulator of the Government of Australia, located within the Department of the Treasury. It was established in 1995 with the amalgamation of the Australian Tra ...

(ACCC) in Australia.

History

Structure

References

See also