Rio de Janeiro - Brazil

Brasil Foods merger poses market risks -regulator

Jun 17, 2011

* Antitrust regulator voices worries over BRFoods

* Cade intermediation may delay vote on merger until mid-July

* Cade's Chinaglia said company enjoys much market power

RIO DE JANEIRO, June 17 (Reuters) - The fusing that created Brasil Foods could harm competition, a member of Brazil's antitrust regulator said on Friday, adding to worries that the society's biggest poultry exporter could be broken up.

Councilor Olavo Chinaglia, who is a voting member of the antitrust main part Cade, lashed out at some of the arguments presented by the company's executives as the agency is gauging whether the merger should be rejected. He had not voiced one-time opinions on the case -- which has stretched out for two years.

Chinaglia said that one of those arguments, that the takeover of giant poultry compressed Sadia by rival Perdigao created a home-grown conglomerate able to compete in global markets, is not enough to repose worries that the company has excessive pricing power in Brazil's processed food markets.

Source: Forexyard

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NAVTEQ boost map content in Latin America

NAVTEQ boost map content in Latin America In the modern days NAVTEQ has announced a number of new map databases and related content available to its customers in Latin America.

This week NAVTEQ has released its prosaic map database, Discover Cities, for Mexico City, Caracas (Venezuela), Sao Paulo and Rio de Janeiro (Brazil). In addition, 3D Landmarks and 3D Metropolis Models for five of the ten largest cities in Brazil are now available: in addition to Sao Paulo and Rio de Janeiro, content is available for Belo Horizonte, Curitiba and Porto Alegre.

Colombia and Peru
Last week the Chicago-based society also announced the availability of “Intermediate Maps” for Colombia and Peru. Intermediate Map coverage for Colombia includes over 82,000 km of roads and over 48,000 Points of Interest (POIs), while the Peruvian map includes over 77,000 km of roads and nearly 12,000 POIs.

Intermediate Maps are a separate class of map data provided by NAVTEQ to support customers who are interested in introducing LBS applications in emerging markets. Allowing for vital route calculation, this database is a first base map for customers who need a faster time-to-market, even if they do not adhere to the same specifications or required verification as the troop's flagship “NAVTEQ map”.

"Colombia and Peru are evolving as growing markets for our customers who develop steering and location-based solution applications," stated Helder Azevedo, general director for Latin America for NAVTEQ. "Providing them with superlative available maps delivered in NAVTEQ formats presents them with a stepping stone to take advantage of commercial opportunities...

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