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Chilean Supreme Court Decision Thwarts Latam JV Plans

By Michael B. Baker / 24 May 2019 / Contact Reporter
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Chile's Supreme Court has blocked a proposed joint venture between Latam and both American Airlines and International Airlines Group. Chile's antitrust tribunal had approved the agreement, but Chilean tourism and consumer rights groups had appealed that decision, citing competition concerns. The Supreme Court decision sided with those making the appeal. Latam plans to continue to pursue the deal—which already has approval from regulatory bodies in Brazil, Colombia and Uruguay—outside of Chile, according to Reuters.

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