Vicente Bagnoli Advogados is a law firm with office in Sao Paulo and correspondents in Brasilia and Rio de Janeiro and an association with a law firm in Rome. Vicente Bagnoli Advogados is considered a boutique law firm specialized in Competition/Antitrust.

For more than a decade Vicente Bagnoli Advogados has being representing national and international companies and individuals before the Brazilian Competition Authority (CADE) in M&A´s, regulatory issues, cartels, leniency agreements, settlements, anticompetitive conducts and compliance in different sectors as banking, energy, telecommunications, foods, technologies and airlines.

Besides offering legal services in Competition/Antitrust, on the constant search to provide such service with excellence to businesses and individuals in the areas of their greatest need, Vicente Bagnoli Advogados celebrated association with boutique law firms or individual lawyers who provide advisory legal services in various complementary areas of Law, such as: Arbitration, Consumer Relations, Corporate, Criminal Law, Family Law, Intellectual Property, Labor, Public and Administrative Law, Real State, Regulation and Tax.

Vicente Bagnoli – the founding partner of the law firm – has PhD degree in Philosophy and General Theory of Law at University of Sao Paulo – Law School, LLM degree in Economic and Political Law at Mackenzie University – Law School and he was a Visiting Researcher (Pos Doc) at Max Planck Institute for Innovation and Competition – Munich. He is Professor of Law at Mackenzie University, one of the most well-known and traditional School of Law in Brazil, and Visiting Professor at the Department of Economics and Management of the University of Trento. As a scholar he has several books and papers published, a great part of it in Competition/Antitrust area. President of the Brazilian Bar Association – Sao Paulo, Sector of Competition/Antitrust (2013-2015); Member of the Board of Directors of IBRAC – Brazilian Institute of Competition; Member of ASCOLA – Academic Society for Competition Law; and Member of the board of directors of the Italian Chamber of Commerce – Sao Paulo/Brazil.

Vicente Bagnoli is also a non-governmental advisor (NGA) of the International Competition Network (ICN) and an active participant of its discussions and in the elaboration of the guidelines of the ICN and Special Projects. He was invited by CADE and joined the following Annual ICN Conferences: Moscow 2007, Zurich 2009, Istanbul 2010, The Hague 2011, Rio de Janeiro 2012, Warsaw 2013, Marrakech 2014, Sydney 2015 and Singapore 2016. He also joined the ICN Unilateral Conduct Workshop in Brussels 2010 and ICN Advocacy Workshop in Rome 2013.

Since 2010, Vicente Bagnoli has its role in the Competition/Antitrust area recognized and awarded by British publication Chambers Latin America and Who’s Who Legal: Competition / Global Competition Review World’s Leading Competition & Antitrust Lawyers and the American publication Best Lawyers.

In 2011 Chambers Latin America described Vicente Bagnoli “as a notable practitioner: well-know lecturer who combines academic activity with private practice in a successful way”; and in 2012 as “a low-profile attorney and well-known academic, with an increasingly noted presence in the market. Market sources stress his know-how, technical skills and commitment. In 2014 Chambers Latin America ranked Vicente Bagnoli as “a distinguished competition attorney whose academic and technical skills are consistently singled out by his peers”. In 2016, Chambers Latin America wrote: “Clients are full of praise for Vicente Bagnoli of Vicente Bagnoli Advogados: ‘He really stands out as a great lawyer and academic.’ They add: ‘He has acted on some very important and complex cases recently.”

Who’s Who Legal: Competition / Global Competition Review World’s Leading Competition & Antitrust Lawyers described in 2014: “At his own firm, Vicente Bagnoli has an ‘extremely credible practice’ offering services in anticompetitive conduct, competitive audits and compliance for small to large organizations. He is ‘very good’ in the financial sector and a ‘well know professor’”. In 2015 wrote: “At his own firm Vicente Bagnoli boasts a ‘stellar reputation’ and is a ‘prominent figure’ on the market”.



Telephone: 55 11 3078-3837
Address: Rua Tabapuã, 649, cj. 31, CEP 04533-012, Itaim Bibi, São Paulo – SP, Brasil



CADE settles inaugural bank probe

Faaez Samadi
16-10-2012 – Global Competition Review and Latin Lawyers

State-owned Banco do Brasil, the largest bank in the country, has agreed a settlement with Brazil’s Council for Economic Defence (CADE) in its landmark investigation of exclusivity arrangements for the provision of payroll loans to civil servants.

The case is CADE’s first ever investigation of the financial sector. Banco do Brasil has agreed to end its exclusivity agreement and pay a 99 million reais (US$48 million) fine, 34 million reais (US$17 million) of which is for its non-compliance when CADE asked the bank to end the practice in September last year.

Civil servants’ salaries are paid into Banco do Brasil accounts. Payroll loans are granted by the bank to workers, and the bank then takes the money directly from their salaries once the civil servants are paid by the government.

As Banco do Brasil is the only bank through which civil servants are paid, it has exclusivity on offering payroll loans.

CADE opened the inquiry after a complaint was filed by civil servants’ association Fesempre, which will now be able to choose other banks to use for this service. Vicente Bagnoli, at Vicente Bagnoli Advogados in São Paulo, says the decision is an “historic achievement”.
CADE caused a stir when it announced the case as there is a long-running debate over when the agency should have investigatory powers over financial institutions. The Brazilian Central Bank is in charge of regulating the sector.

Counsel to Fesempre

Vicente Bagnoli Advogados


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