Region: Chile

Chile clears Discovery/WarnerMedia with behavioural remedies

The Chilean antitrust watchdog has imposed conditions on Discovery’s acquisition of AT&T’s WarnerMedia, on the same day that the companies announced the $43 billion deal received no antitrust opposition in the US.

10 February 2022

Chile blocks private health insurance tie-up

The Chilean antitrust watchdog has blocked a proposed private health insurance deal after the merging parties failed to substantiate their cost-savings efficiencies defence or offer structural remedies during an in-depth probe.

04 February 2022

Chilean tribunal fines aerial firefighting cartel

Chile’s competition tribunal has fined two forest firefighting companies over €5.7 million for forming a cartel that rigged bids and fixed the price of aircrafts used to combat forest fires.

28 January 2022

Chilean enforcer targets ex-finance minister in first interlocking directorates cases

The Chilean antitrust watchdog is seeking its first sanctions for violations of the country’s interlocking directorates prohibition in two separate cases involving the country’s former finance minister, a local businessman and five financial institutions.

06 January 2022


Featured in GCR 100 2022

As Chilean lawmakers mull proposed changes to the country’s competition rules, local antitrust lawyers continue to advise clients on the full spectrum of antitrust issues.

10 December 2021

Chile conditionally approves LATAM/Delta joint venture

Chile’s competition tribunal has greenlit a trans-American joint venture between Delta Air Lines and LATAM, conditioned on behavioural measures intended to prevent information exchange and potential price increases.

01 November 2021

Chile seeks record fines for cash transportation cartel

Chile’s antitrust enforcer has asked the country’s Competition Tribunal to dole out €56 million in fines to three security companies and five of their executives for alleged price-fixing.

21 October 2021

A Q&A with Ricardo Riesco

Ricardo Riesco became head of Chile’s National Economic Prosecutor in December 2018, after taking the reins from long-time chair Felipe Irarrázabal, who led the agency since April 2010. Riesco spoke to GCR about proposed new cartel penalties, navigating enforcement through the global pandemic and the authority’s plans for tackling harm in digital markets.

06 August 2021

Disney accepts penalty for failing to comply with merger commitments

The Walt Disney Company has agreed to pay Chile’s competition watchdog about €200,000 for breaching commitments related to the conditional approval of its acquisition of 21st Century Fox.

09 June 2021


Featured in The Settlements Guide - First Edition

Chilean competition law is regulated by Decree Law No. 211 of 1973 (the Competition Act). Since 2004, the authorities in charge of the protection and promotion of competition in Chile have been the Chilean Competition Authority (FNE), the Chilean Competition Tribunal (TDLC) and the Chilean Supreme Court (SC).

02 February 2021

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