A PYMNTS Company

Chile: Agency reveals possible mechanism for payment of reparations in Tissue Cartel case

By  |  May 8, 2018

More than a year after the National Consumer Service (Sernac), CMPC Tissue and consumer associations the National Commission of Consumers and Users (Conadecus) and Odecu reached an agreement to pay reparations to consumers affected by the collusion between tissue paper manufacturers (known across Latin America as the Tissue or Comfort Paper case), doubts remain regarding the process and date when payments, equivalent to $7,000 Chilean pesos (US $ 11.12 approximately) for each person over 18 years, will be made.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Last Wednesday, representatives of Sernac, CMPC Tissue, associations of consumers and Mapuche community leaders spoke before the First Chamber of the Supreme Court, in the last step before knowing the final decision on payment, after the companies appealed. The director of Sernac, Lucas del Villar, along with requesting the rejection of the appeal, revealed in his presentation the possible methods that would be used for the payment.

    Del Villar suggested that the bulk of payments could be made through the RUT account of the State Bank. This would reach about 58% of those affected. Other methods, such as automatic pay-ins to the Social Security Institute (IPS) would reach 17% of the injured parties, with a remaining 25% being compensated by registering through a website that would be designed for this purpose.

    Full Content: America Retail

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.