Santiago, April 16, 2025. In a ruling that sets a precedent in matters of free competition, the Court for the Defense of Free Competition (TDLC) decided to fine the companies LarrainVial, Consorcio Financiero and the businessman Juan Hurtado Vicuña for infringing the prohibition of interlocking, i.e., the simultaneous participation of the same director in competing companies.
Our partner, Claudio Lizana, participated in the 73rd version of the ABA Antitrust Spring Meeting.
The National Economic Prosecutor’s Office (FNE) filed an injunction before the Court for the Defense of Free Competition (TDLC) against a group of industrial bakers in Iquique and Alto Hospicio, accusing them of entering into a collusive agreement to raise the wholesale price of bread between November 2019 and August 2022.
New rules of the game for municipal bids: TDLC issues General Instructions No. 6 (ICG No. 6).
Pro-Competition Measures in Municipal Public Bids Read More »
Transbank’s new tariff system: Tribunal de Defensa de la Libre Competencia authorizes its implementation with conditions.
On March 19, 2025, the Financial Analysis Unit (“UAF”) published Circular No. 62, called Recopilación Actualizada de Normas (“RAN”), which will become effective on June 1, 2025.
The National Economic Prosecutor’s Office (FNE) recommended to the Court for the Defense of Free Competition (TDLC) to implement safeguards to avoid distortions in the bidding and operation of port terminals in Valparaíso. It highlighted the need for structural and behavioral measures to prevent concentration risks and ensure competition.The recommendation warns about the risks associated
In the casino collusion case: TDLC revokes judicial authorization required by Enjoy for the change of control of Casino Rinconada.
A reflection on the Executive Order of February 21, 2025 and possible implications for the Chilean case.
On February 21, 2025, the U.S. government issued the executive order “Defending American Companies and Innovators From Overseas Extortion and Unfair Fines and Penalties”, with the purpose of protecting U.S. companies, including their foreign subsidiaries, from sanctions and fines that are deemed unfair, disproportionate or extortionate in nature by foreign governments.
Executive Order: Defending American Companies and Innovation Read More »
The FNE recently published its statistics regarding its work in the field of merger control during 2024. Regarding the number of notified operations, the figures remain more or less the same as the previous year (32 in 2024 versus 35 in 2023). There is also other interesting information: in 2024, the FNE did not prohibit any merger operation, and only one investigation was extended to phase 2. Only two operations were approved with conditions.
Statistics in the field of merger control during 2024 Read More »
