Brazil changes regulations to increase competition
Just before the Labor Day holiday, President Jair Bolsonaro signed a provisional decree to reduce bureaucracy for businesses. These measures are issued by the president’s office and hold the same value as laws. They are effective immediately but Congress must confirm them within 120 days, or they lose their validity. We break down the main changes for you:
All physical documents can be digitized—and later discarded.
Companies will be allowed to set the prices they want. Dropping fees can no longer be considered as “predatory competition.”
Companies engaging in low-risk activities no longer need to get permits (safety, sanitary, and environmental) to operate. Companies testing new products that are not hazardous will also be exempt.
Regulators will not be allowed to inconsistently interpret norms.
In a year in which 239 new pesticides have been permitted in Brazil, in the face of local and international consumers protests, drones are arising as an alternative to maintain crops productivity while making more rational use of a controversial resource. https://t.co/7D2dlIhKGphttps://t.co/g7Mqz2B78L
The term “digital divide” was used it to describe the widening gap in access to information technology. In the 21th century, Brazilians are growing more and more connected to their smartphones. Yet, the divide is only becoming more apparent. https://t.co/sRno4nZSt3https://t.co/jtdnApp2M8