Brazil's top court may rule as early as this week on the central bank's role in financial sector mergers, in what might be a test to the country's antitrust legislation, O Estado de S. Paulo newspaper said on Tuesday.
The Brasilia-based Supreme Justice Court (STJ) -- the top court for nonconstitutional issues in Brazil -- resumes on Wednesday a trial to decide whether the central bank has full jurisdiction to approve mergers and acquisitions in the financial, banking and securities industries.
Oct 27, 2009
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