In response to the Brazilian government releasing their latest Digital Platform Report on Thursday, October 10, ACT | The App Association issued the following statement:
“While the App Association recognizes the Brazilian government’s exploration of digital markets and the approaches taken by other jurisdictions, next steps should be taken only after carefully considering the impact of proposed interventions into nascent and evolving markets that support small business growth and job creation in Brazil,” said Morgan Reed, President of ACT | The App Association. “Any Brazilian government interventions into digital platform markets should be based on demonstrated risks to competition and consumers and avoid disrupting the competitive dynamics of the app economy.”
The App Association supports the report’s recommendations that CADE, the government’s primary competition agency, is best suited to lead the Brazilian government’s work overseeing digital platforms using Brazil’s existing laws. As the Brazilian government continues to assess digital platform competition and next steps, the App Association will work closely with local policymakers to ensure the perspective of small business technology developers are at the forefront of the decision making process.
###
About ACT | The App Association & Members
The App Association is a global trade association for small and medium-sized technology companies. Our members are entrepreneurs, innovators, and independent developers within the global app ecosystem that engage with verticals across every industry. We work with and for our members to promote a policy environment that rewards and inspires innovation while providing resources that help them raise capital, create jobs, and continue to build incredible technology.