LAN-TAM bid still to be investigated

Chile's antitrust tribunal has upheld a prior ruling by the country's consumer defence agency that the proposed LAN-TAM airline merger should be investigated because of the deal's possible impact on fares. LAN had urged the tribunal to overturn the investigation.

The decision will delay any merger until at least next year, according to analys

LAN-TAM bid still to be investigated

Chile's antitrust tribunal has upheld a prior ruling by the country's consumer defence agency that the proposed LAN-TAM airline merger should be investigated because of the deal's possible impact on fares. LAN had urged the tribunal to overturn the investigation.

The decision will delay any merger until at least next year, according to analys