Cade (Administrative Council for Economic Defense) considered the sale of UniCesumar college to Vitru, which already controls large educational institutions such as Uniasselvi, complex, and asked for more details to assess the risks to competition in the sector.
The R$3.2 billion transaction was announced in August last year.
According to Cade’s analysis, so far, the purchase would result in high concentrations with indications of low rivalry in some important markets.
The agency pointed out concerns regarding the quality, standardization and massification of teaching, in addition to a possible reduction in the number of professors.
“In order to operate in a solid way in the private higher education sector, large and constant investments in advertising and branding are necessary and, in the presence of acquisitions and mergers such as this one, local, regional, small and medium institutions face even more comparative difficulties”, he said. the agency in its technical note, published this Thursday (17).
CADE asked companies to present information on the economic efficiencies generated by the operation and that the analysis on the points of concern be in-depth.
Joana Cunha with Andressa Motter and Ana Paula Branco
I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.
