The Buyer accuses "cartel" and addresses the Supreme for Latam's agreement with American Airlines and IAG which approved the TDLC



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The Tribunal's Defense Against Free Competition (TDLC) approval of the joint commercial agreement signed by Latam Airlines with American Airlines and the IAG Group (British Airways and Iberia) continues to inspire Controversy. [19659002] Of course, because the Association of Chilean Tourism Companies, the main opponent of this agreement, does not give up and announced today its intention to do so at the highest court in the country.

" asks the Supreme Court to reconsider the decision of the TDLC and knowing the technical and economic background provided by the parties, to rule on the legality of the price agreement proposed by airlines, "said the union in a statement.

According to the buyer, "there is no doubt that the agreement between Latin America and Latin America and Latin America" ​​will be "extremely" detrimental to free competition and at the entrance of tourists in the country.

This pact will allow these airlines to control 78% of the market on the route linking Chile to North America and 64% of the market that connects the country to Europe.

" The largest authorized cartel is licensed to the air sector and will cause serious damage to consumers and to domestic tourism." As of today, LATAM, American Airlines , Iberia and British Airways will jointly set ticket prices for Europe and North America, as well as their other commercial policies, "said Lorena Arriagada, director of ACHET.

For the union, the mitigation measures ordered by the body headed by Enrique Vergara are insufficient, impossible to control effectively and easily broken by the airlines.

"No mitigation measure can really avoid such risks, the only measure is competition."

Not everyone was satisfied with TDLC. In the family-related airline, Cueto-Amaro considered the measures requested by the court to be "extremely difficult" and also considered going to the Supreme Court.

Latam's senior leaders have admitted that the obligations imposed by the TDLC are causing concern. "

Faced with this scenario, they indicated that" we must consider whether we are going to the Supreme Court. "

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