Brazil: Chamber of Deputies passed urgency request for Bill on systemic relevance in digital markets and creation of the Superintendence of Digital Markets (PL 4675/2025) including merger control regulation

On 18 March 2026, the urgency request for the Bill on systemic relevance in digital markets and creation of the Superintendence of Digital Markets (PL 4675/2025), including merger control regulation, was passed by the Chamber of Deputies. The Bill will now bypass thematic committee analysis and go to a plenary vote in the Chamber under a compressed timeline. The Bill obliges undertakings designated as of systemic relevance to notify all merger operations to the Administrative Council for Economic Defence (CADE), regardless of turnover thresholds. This requirement applies even when the operations do not meet the criteria otherwise established in competition law, ensuring that CADE reviews all concentration acts involving systemic undertakings.