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New Petrobras Gas Pricing Softens Increase, Raises Competition Questions
Petrobras has introduced a new pricing mechanism for natural gas that establishes reference bands based on Brent crude prices, creating floors and ceilings to limit quarterly price fluctuations. The voluntary measure aims to reduce a scheduled 22% price adjustment to approximately 6%, though legal experts warn the initiative could significantly impact competitive dynamics in Brazil's evolving gas market. While the mechanism provides greater predictability for distributors and consumers, questions remain abo
Brazil Energy
MB
Mayer Brown
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Brazil Appeals Court Holds Pool Licence Offer Meets FRAND Obligation In Panasonic v HMD
The Rio de Janeiro Court of Appeals has issued a landmark ruling in a standard essential patent dispute between Panasonic and HMD, establishing that offering only a pool license can satisfy FRAND obligations under Brazilian law. The decision marks a significant development in Brazil's growing role as a venue for SEP licensing disputes and addresses questions about what constitutes good faith licensing behavior.
Brazil IP
LA
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