Carlos Francisco de Magalhães is an expert in commercial and competition law and a pioneer in the competition area in Brazil. He is the creator and founder of IBRAC (the Brazilian Institute of Studies on Competition, Consumption and International Trade), and has been the author of studies, articles and opinions on competition law published in specialised magazines and journals since 1970.

A member of several government committees that prepared amendments to the Brazilian Competition Defence Act, particularly the bill that originated most of the provisions of the current law, he drafted the provisions on Infringements and Submission of Concentration Acts for the analysis of the Brazilian System of Competition Defence.