MarketsNotablePartial
5.6
iFood Projects R$24B Investment, Up 41% YoY
InfoMoney·BR·2 days ago
aiqfome, owned by Magalu, filed a complaint with Brazil's antitrust regulator Cade alleging iFood continues anticompetitive exclusivity practices in smaller cities despite a 2023 agreement. The complaint claims the prior settlement failed to eliminate predatory practices. This could lead to renewed regulatory scrutiny and potential penalties for iFood in Brazil's food delivery market.