competition authority
[/ˌkɒmpɪˈtɪʃən ɔːˈθɒrɪti/]
nounpl: competition authorities
autoridade de concorrência
1. A government agency or regulatory body responsible for enforcing competition laws, preventing monopolies, and ensuring fair market practices
The competition authority launched an investigation into the merger between the two tech companies.
A autoridade de concorrência abriu uma investigação sobre a fusão entre as duas empresas de tecnologia.
2. An independent institution tasked with monitoring market competition and protecting consumer interests
The European competition authority fined the company for anti-competitive practices.
A autoridade de concorrência europeia multou a empresa por práticas anticompetitivas.
In Brazil, the Conselho Administrativo de Defesa Econômica (CADE) serves as the main competition authority. This term is essential in business, legal, and regulatory discourse in Brazil and the EU. The concept reflects increasing focus on market regulation and consumer protection in modern economies.
Related Idioms & Phrases
under the scrutiny of the competition authority
cleared by the competition authority
flagged by the competition authority
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →