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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