The merger of LAN Airlines and TAM under LATAM Airlines Group, which had seemingly been headed for a smooth conclusion this year, hit a possible roadblock last week when Chilean antitrust tribunal TDLC announced it would investigate the proposed combination. A Chilean consumer group filed a petition against the merger with TDLC that the carriers had pushed the panel to reject.
The merger of LAN Airlines and TAM under LATAM Airlines Group, which had seemingly been headed for a smooth conclusion this year, hit a possible roadblock last week when Chilean antitrust tribunal TDLC announced it would investigate the proposed combination. A Chilean consumer group filed a petition against the merger with TDLC that the carriers had pushed the panel to reject. But TDLC said the group's complaint was worthy of hearing, necessitating an "investigation" into ...
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