Chilean Supreme Court upholds fines for collusion against Agrosuper, Ariztía and Don Pollo and hardens sanction against the trade association | 29 / 10 / 2015
The companies and the Poultry Producers Trade Association (APA) will have to pay around US$58 million in fines. The Supreme Court also ordered the dissolution of APA.
Chilean Supreme Court upheld today a decision by the Competition Tribunal regarding a case initiated in 2011 by Fiscalia Nacional Economica (FNE) against the three main poultry producers of the country: Agrosuper, Ariztía and Don Pollo.
FNE files complaint against CMPC and SCA before the Competition Tribunal for fixing prices of tissue paper products and allocating market quotas among them | 28 / 10 / 2015
The firms formed a cartel designed to allocating market quotas among them and fixing prices of tissue paper products.
During the investigation, both companies filed for leniency according to which, the FNE requested the Competition Tribunal a total fine exemption for CMPC and USD $15.5 million in fines for SCA (formerly PISA).
FNE and Electrolux reached a settlement regarding the acquisition of General Electric Appliances | 21 / 09 / 2015
The Chilean Competition Tribunal (CT) approved a settlement reached by the National Economic Prosecutor Office (FNE) and AB Electrolux’s local subsidiary, Electrolux Chile (Electrolux), which lays down several remedies regarding the competition concerns raised in Chile by the international acquisition of General Electric Appliances (GE) by Electrolux.
FNE indicts LATAM of not fulfilling part of the resolution that authorized the LAN and TAM merger in 2011* | 10 / 06 / 2015
The Prosecutor requested the application of a fine of US$ 4,2 million to the Airlines, for not complying with one of the conditions set forth by the Tribunal when it approved the operation. The condition regards an obligation to renounce or obtain an authorization from the Tribunal for the maintenance or celebration of codeshare agreements in routes determined by the resolution with companies that are members of an alliance other than its own.
The FNE closes investigation on the merger of Hapag Lloyd and Compañía Sudamericana de Vapores. | 16 / 10 / 2014
The FNE estimated that the risks to competition directly associated to the merger-in what the Chilean market concerns-, are adequately addressed by the commitments offered by the parties to the European Commission, organization with which the FNE closely collaborated during investigation. Leer más…
Competition Tribunal condemns Agrosuper, Ariztía and Don Pollo | 26 / 09 / 2014
The Competition Tribunal accepted the complaint presented by the National Economic Prosecutor’s Office at the end of 2011, which accused the producers of poultry meat and their Trade Association (APA) of participating in a cartel that fixed the production quotas of the industry. The Tribunal set fines for a total of approximately US$ 61 million.