TC declares a resource inadmissible for the purpose of preventing Tianqi's entry into SQM



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The action of the Pampa group was presented as a result of the approval of an extrajudicial agreement between the FNE and the Chinese company, so that it remains with 24% of the SQM.

The suspension is over. The Second Chamber of the Constitutional Court (TC), in extraordinary session, decided – in a divided way – to declare inadmissible the appeal of the Pampa Group against the agreement concluded between the National Economic Prosecutor ( FNE) and Tianqi, which facilitates the seizure of China to SQM, and which has been ratified by the court of defense of free competition.

In favor of inadmissibility pbaded by the President of the Chamber, Gonzalo García, Maria Luisa Brahm and Miguel Ángel Fernández. While Ministers Cristián Letelier and Nelson Pozo were in favor of the declaration of the admissible partial condition, "they must maintain a restricted suspension of the proceedings," the statement said.

Thus, the sales process was reactivated, which had been suspended after filing a review petition with the TDLC.

The session of the Second Chamber is held today after the hearing of oral arguments on Monday. parts. The president of this body, Gonzalo García, had indicated on this occasion that it would take three days to take a definition, given the large number of basic information presented and the relevance of the resolution in view of the deadlines.

"We are fully aware of the deadlines set out in this decision and, therefore, we believe that three additional days are a sufficiently clear and necessary scenario for our determination," he said at the end of the meeting. .

However, the signatures that participate in this operation did not exhaust their weapons and yesterday entered the TC new writings where the presentation that took the most spark was Tianqi. In its document, the Chinese company declbadified its negotiations with Julio Ponce and the Pampa group during the year 2016.

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