Monday, April 9, 2012

Court Denies LAN Appeal of Merger Mitigation Measures

The Chilean Supreme Court has rejected LAN Airlines' appeal of three of the 14 mitigation measures Chile's antitrust authority attached to its approval of the merger between LAN and Brazilian carrier TAM. See Carolna Pica, Chile's LAN Clears Final TAM Merger Hurdle After High Court Ruling, Wall St. J., April 5, 2012 (available here). LAN will comply with the measures in question and the two airlines are expected to combine under the name LATAM Airlines in May. The carriers have yet to determine whether the merged entity will belong to oneworld or the Star Alliance.

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