A Brazilian judge has supported the government's position by reversing earlier court rulings that blocked new meal voucher regulations. The decision affects major companies like Pluxee and Edenred's Ticket, which must now comply with fee caps on merchant charges.
A Brazilian court has ruled in favor of the government, reversing earlier judicial decisions that had blocked new regulations affecting the country’s meal voucher industry, according to Tuesday’s court ruling.
The dispute centers on a November decree issued by Brazil’s government that introduced fresh rules for the meal voucher marketplace, including limits on the fees that merchants must pay to voucher companies. Earlier this year, regional courts had granted injunctions to major industry players, including Pluxee and Edenred’s Ticket, effectively halting implementation of these new regulations.
Brazil’s solicitor general’s office praised Tuesday’s decision, releasing a statement declaring that affected companies must immediately begin following the updated rules.
When contacted for comment, Ticket representatives stated they would not provide a response as they had not yet received official notification of the court’s decision. Pluxee did not provide an immediate response to requests for comment.
The ruling impacts four companies that dominate Brazil’s meal voucher sector: Ticket, Pluxee, along with domestic companies Alelo and VR, which collectively hold approximately 85% of the Brazilian marketplace.