The Chilean Competition Tribunal, TDLC, upheld the FNE’s accusation regarding a cartel between all ten bus companies that operate in Temuco and Padre Las Casas, a conurbation located in the south of the country. The defendants were sanctioned with a fine that sums up to USD 1 million, besides being ordered to stop any anticompetitive conduct\u00a0and write a\u00a0code to avoid committing the same kind of behaviors\u00a0in the future.<\/p>\n
The ten bus companies involved agreed to limit the bus fleet so that each player could increase their own fleet in only two buses per year. The agreement was easy to monitor since the number of buses that each firm operates in the market constitutes public information. The colluded companies also agreed not to ally with new entrants to the market. Such conducts took place from 2003 to 2017.<\/p>\n
The TDLC’s analysis acknowledged every part of the FNE’s allegation. The agreement implied a supply restriction because it limited the number of buses that each company would have chosen in a competitive scenario. Moreover, it is expected that\u00a0the customers in the geographic area affected by the cartel would have experienced an increase in frequency or decrease in prices\u00a0had the firms behaved competitively. The cartel also impeded new routes that might have benefited areas that experienced important demographic growth during the collusive period.<\/p>\n
This is the most recent of eight cases that the FNE has accused of public bus collusion in different Chilean cities. The National Economic Prosecutor, Ricardo Riesco, declared that “we, in the FNE, care especially for those markets that greatly\u00a0affect people’s budgets and quality of life, such as the urban public transport market in every region of the country. ”<\/p>\n
All bus companies have ten days to appeal the TDLC’s judgment in the Supreme Court.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Chilean Competition Tribunal, TDLC, upheld the FNE’s accusation regarding a cartel between all ten bus companies that operate in Temuco and Padre Las Casas, a conurbation located in the south of the country. The defendants were sanctioned with a fine that sums up to USD 1 million, besides being ordered to stop any anticompetitive […]<\/p>\n","protected":false},"author":4,"featured_media":87985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[315],"tags":[],"class_list":["post-89338","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/posts\/89338"}],"collection":[{"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/comments?post=89338"}],"version-history":[{"count":1,"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/posts\/89338\/revisions"}],"predecessor-version":[{"id":89339,"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/posts\/89338\/revisions\/89339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/media\/87985"}],"wp:attachment":[{"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/media?parent=89338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/categories?post=89338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fne.gob.cl\/en\/wp-json\/wp\/v2\/tags?post=89338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}