Region: Chile

Tianqi deal back on as Chilean court lifts suspension

Chile’s constitutional court has narrowly voted to dismiss a lawsuit that sought to block the sale of a minority stake in lithium miner Sociedad Química y Minera to the Chinese lithium producer Tianqi.

26 October 2018

Chile provisionally approves lithium deal

Chile’s competition authority has authorised Chinese company Tianqi Lithium’s $4 billion purchase of a 24% minority stake in Sociedad Química y Minera, subject to remedies being approved by the country’s competition court.

10 September 2018

Chile’s competition head steps down after eight years

The head of Chile’s National Economic Prosecutor has left the authority after eight and a half years at the helm.

06 August 2018

Chile may punish aerial firefighters

Chile’s antitrust enforcer has asked the Tribunal of the Defence of Free Competition to fine two aerial firefighting companies more than €5.2 million for allegedly rigging bids on both public and private tenders for the provision of aerial firefighting services.

25 July 2018

Chile blocks Santander/Servipag deal

In its second-ever deal block under a new merger review system, Chile’s National Economic Prosecutor has prohibited Santander Chile from taking a stake in a payment services provider that is already co-owned by two other banks.

25 July 2018

Chile investigates Chinese lithium deal

Following months of speculation and political pressure, Chile’s competition watchdog has begun a formal investigation into Chinese lithium producer Tianqi’s $4 billion bid to acquire a minority share in Chilean rival Sociedad Química y Minera.

18 June 2018

Football rights deal probed in Chile

Chile’s competition watchdog has opened a Phase II investigation into US content provider Turner’s proposed purchase of Chilean football broadcasting rights because of concerns the deal could harm competition in the country’s pay-TV market.

08 June 2018

Chile tacks on behavioural remedies in Bayer/Monsanto clearance

Chile’s competition watchdog has conditionally cleared Bayer’s acquisition of Monsanto, subject to the divestment of certain seed and herbicide businesses and the agrochemical company agreeing not to offer exclusivity rebates for some of its products.

07 June 2018

Chile’s government tries to use antitrust to halt lithium deal

China’s Tianqi Lithium has offered to purchase a 24% stake in Sociedad Química y Minera for $4 billion – but Chile’s economic development agency has asked the country’s competition authority to block the deal.

23 May 2018

Chile fines storage companies for breaching settlement

Two document storage companies have agreed to pay a €292,400 penalty after the competition enforcer found they had breached the terms of their former settlement of an abuse of dominance investigation.

15 May 2018

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