MENU
SEARCHThe regulator is looking into claims that the combined group may have too much market control and reduce competition.
With a fleet of about 470,000 cars, the combined company would be worth about 50 billion reais ($9.5 billion).
Photo via Pxfuel.
CADE, Brazil's antitrust division, is investigating Localiza's proposed merger with Unidas, according to NASDAQ. The regulator is looking into claims that the combined group may have too much market control and reduce competition.
In a statement, CADE noted that the new company would have "at least 60% to 70%" of the market share, and at some airports "would be the only option for consumers," according to the news source.
It would also reduce the number of car rental companies operating across Brazil to two from three.
With a fleet of about 470,000 cars, the combined company would be worth about 50 billion reais ($9.5 billion).
Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.
Read More →
Operators often must spend far too much time and resources trying to recoup rental cars towed away and held hostage to outrageously high fees.
Read More →
The American Car Rental Association scored more access and influence in 2025 as it grows its services for car rental operators.
Read More →
The American Vehicle Owners Alliance (AVOA) recently announced its partnership with the American Automotive Leasing Association (AALA) and the National League of Cities (NLC).
Read More →
The American Car Rental Association’s annual legislative and lobbying event upped the face time with and access to members of Congress.
Read More →
Q&A Interview: Federal contracting, EV charging infrastructure, stolen vehicles, and policy advocacy drive an agenda for Carlos Bazan-Canabal that stretches beyond his car rental executive post.
Read More →
The 30th anniversary International Car Rental Show heads to the Dallas area as it celebrates a legacy and pivots toward an industry marketplace and forum suited to the fourth decade ahead.
Read More →
Recovering stolen rental vehicles requires foresight, cooperation, and a firm grasp of legal procedures with car renters.
Read More →
With past successes and facing new realities, the American Car Rental Association centers on its theme of “performance and policy” for an upcoming conference.
Read More →
ACRA President Sharky Laguana details his harrowing experience trying to retrieve a stolen rental van from his fleet and how he pursued a long-term solution.
Read More →
