According to Latam sources, the request will be resubmitted in coming weeks, with updated information on the benefits for passengers that could result from the agreement between the airlines.
The above, according to Latam sources, is due to the fact that the initial request was submitted more than two years ago specifically in May 2016- and their aim is to update the background information in response to the changes that the market and the airline industry have undergone in this time.
In turn, American Airlines sources agreed that both airlines intend to resubmit the application in the near future. The agreement between Latam and American Airlines had been approved by almost every country where it had been presented for evaluation by local authorities. In the United States the agreement was still being analyzed by the Department of Transportation.
Full Content: Economía y Negocios
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
K&L Gates Expands Antitrust Practice with New Partners
May 15, 2024 by
CPI
Polish Regulators Probe PS Store and Steam for Antitrust Violations
May 15, 2024 by
CPI
French Regulator Meat-Cutting Sector Case Following Antitrust Review
May 15, 2024 by
CPI
Arizona Attorney General Files Suit Against Amazon Over Unfair Business Practices
May 15, 2024 by
CPI
Varsity Spirit and Private Equity Owners Settle Class Action Antitrust Suit
May 15, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI