Chile’s National Football Association (ANF) is in trouble with the National Economic Prosecutor, which has sued the sporting body over alleged breaches of competition law.
The FNE has raised issues over the incorporation quota of required to join the ‘Primera B’ division, which “affects the competitive capacity of the club which ascends Primera B”. Precisely, this quota was raised to 50 thousand UF (approximately US $ 2.2 million) between 2011 and 2017, down to 24 thousand UF at present.
“The FNE states that the required fee affects the competitive ability of the club that ascends to Primera B, because it forces them to commit future income for a considerable period of time, preventing them from investing in the team under similar conditions to the rest of the clubs in the category” said the Office of the Prosecutor.
In this regard, the FNE has asked the Court for the Defense of Free Competition (TDLC) to force the ANF to bay a fine of about US$5 million for the “damage” it has caused to the promoted clubs.
Full Content: AS Chile
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
DirecTV and Disney Resolve Dispute, Restore Programming for Subscribers
Sep 15, 2024 by
CPI
UK Antitrust Authority Raises Concerns Over Vodafone-Three Merger
Sep 15, 2024 by
CPI
Brazilian Supreme Court Lifts Freeze on Starlink Accounts, Transfers $3.3 Million to National Treasury
Sep 15, 2024 by
CPI
Steptoe Expands Antitrust Practice with Key London Hire
Sep 15, 2024 by
CPI
Instant Ad Auctions at the Heart of Google’s Federal Monopoly Case
Sep 15, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
Francisco Javier Núñez Melgoza
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
Julio Garcia
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
Alejandra Palacios Prieto
The Cost of Making COFECE Disappear
Sep 3, 2024 by
Mateo Fernández