CADE approves LAN TAM merger
Thursday, 15th December 2011 by Joe Rowley
Brazil’s antitrust tribunal has approved a US$3.2 billion merger between the Brazilian airline TAM and Chilean flag carrier LAN – but lawyers say time will tell whether conditions imposed by CADE are sufficient to prevent excessive concentration on certain routes serviced by the new company.
With CADE's decision, the sky's the limit for the LAN TAM merger (Credit: Priscila Rodriguez)
Latin Lawyer is the definitive information resource for business law in Latin America. Individual and Firmwide subscriptions are available to access subscriber content including news, features, and the Latin Lawyer 250. For more information see Subscriptions.
This content can only be accessed by Latin Lawyer subscribers
Subscribe to access the latest news, analyses, features, interviews and over 14,000 stories published since 2000.
If you are a Latin Lawyer subscriber, please login to access this content:
