SAO PAULO, Feb 24 (Reuters) – A Brazilian judge sided with the government and overruled previous court decisions that had suspended changes to the meal voucher system for companies including Pluxee and Edenred’s Ticket, the ruling showed on Tuesday.
Brazil’s government had issued a decree in November with new regulations for the meal voucher market, capping fees that merchants pay voucher providers. But local courts this year granted the main companies in the sector orders suspending the effects of the new system.
The office of Brazil’s solicitor general welcomed Tuesday’s ruling, saying in a statement that companies must resume complying with the new rules immediately.
Ticket said it will not comment because it has not been notified about the decision. Pluxee did not immediately respond to a request for comment.
Ticket and Pluxee, together with local firms Alelo and VR – also impacted by the new decision – control about 85% of the Brazilian market.
(Reporting by Andre Romani, Editing by Iñigo Alexander and Brendan O’Boyle)
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