Chile, Brazil, LAN-TAM merger placed on hold

Posted on January 30, 2011 • Filed under: Brazil, Business, Chile, TRAVEL

A consumer-advocate organization and local news media are reporting that Chile’s top antitrust authorities have suspended a merger between Chilean airline LAN and Brazilian airline TAM. The daily newspaper La Tercera is reporting that the five members of the Court for the Defense of Free Competition agreed to suspend the merger while they determine whether it complies with antitrust regulations. Read Article

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