The Computer & Communications Industry Association (CCIA) has submitted comments to the Brazilian Ministry of Finance’s Consultation on the Economic and Competitive Aspects of Digital Platforms. The CCIA emphasized that Brazil's digital ecosystem is thriving and competitive, urging policymakers to consider whether existing enforcement and policy frameworks could more proportionately achieve desired outcomes before implementing regulations on digital markets.
These comments follow up on remarks made by CCIA Vice President Krisztian Katona during the Brazilian Chamber of Deputies’ Economic Development Commission hearing on Bill No. 2768/2022, known as the “Brazilian DMA proposal,” in August 2023. Additionally, they build upon recent comments submitted by the CCIA to the Brazilian Congress in response to its public consultation on the same bill in December 2023.
CCIA Vice President of Global Competition and Regulatory Policy Krisztian Katona provided further insight, stating: “Countries with an active competition enforcement agenda and a thriving startup ecosystem like Brazil may have more to lose from heavy-handed regulation that could hinder investment in startups and hamper innovation. We would recommend that Brazil first identify whether there are any market problems that need to be addressed and then assess the costs versus benefits of any potential regulation in digital markets.”
