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Free enterprises do not have to follow regulations.

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Free enterprises do not have to follow regulations.

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State economic policy can only deal with hydrocarbon operations.

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Brazil has some particular guidelines for certain areas of its market economy.

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Free initiative principles can be found in the Brazilian latest constitution.

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The Republican Constitution dated 1891 was the first one to account for the fundamental principles of the free initiative in Brazil.

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Free initiative is always a way to promote social solidarity.

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In accordance with article 5, Law 4.137, monopolies are forbidden, in Brazil.

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In Brazil, the state monopoly is allowed for some specific areas.

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Brazilian oil and gas deposits are state-owned.

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In Brazil, under no circumstances can concessions be granted to private enterprises regarding the exploration of mineral deposits.