Presidency sends names of new nominees to CADE’s Tribunal
On May 20, the Presidency nominated two new Commissioners to fill upcoming vacancies at CADE’s Tribunal: Leonardo Bandeira Rezende and Vinicius Klein should replace Commissioners Polyanna Vilanova and João Paulo Resende — whose terms end on July 8 and 14, respectively. To take office, both must be approved by the Senate.
Leonardo Bandeira Rezende is Professor of Economics at Pontifical Catholic University of Rio de Janeiro (PUC-RJ), responsible for teaching disciplines about industrial organization and microeconomic theory, as well as an expert in the area. His latest publications on Competition Law were two studies: the first, published in 2013 in the Journal of Money, Credit and Banking, about the competition between public banks and private banks, with evidence from the Brazilian market that the presence of a public bank does not affect the behaviour of private banks. The later was published by the International Journal of Industrial Organization, regarding the competitiveness of "flex" cars in the gasoline resale market. According to the article, given the change in demand, such innovations tend to benefit all consumers, even those who do not opt for flex cars.
Vinicius Klein is State Attorney of the State of Paraná and holds PhDs in Law and in Economics, and Professor at the Federal University of Paraná (UFPR) in both disciplines. His researches the relationship between contract law and economics, observing the economic effect of long-term contractual relations. In the area of competition law, he published the article The Formation of the Competitive Market of Private Higher Education, linking the private sector's participation in higher education to the arrival of foreign capital and its transformation into a highly profitable business.
Overall, the two appointments were welcomed by the Brazilian antitrust community, which considered them “technical nominations”.
Two further vacancies remain pending in CADE: former Commissioner Cristiane Alckmin left the agency before the end of her term to become the Secretary of Economy of the state of Goiás earlier this year and Commissioner Paulo Burnier’s term ends on July 16. Also, the terms of Alexandre Cordeiro, CADE’s General Superintendent, and Walter de Agra Junior, CADE’s chief attorney, end later this year, in October.