Latam Airlines, American Airlines and the IAG Group, which includes British Airways and Iberia, have announced a series of measures intended to convince Chilean authorities to unblock their proposed joint operation agreements. Chile is the only remaining jurisdiction yet to clear the deal, which would formalize coordination among the three One World Alliance members.
The country’s antitrust court is currently reviewing possible market consequences of the agreements signed last year between Latam, IAG and American Airlines – all members of the One World alliance – after accepting a request from a tourism guild.
To ensure a favorable court decision, airlines have pledged to increase the number of seats on non-stop flights between Chile-United States / Canada and Chile-Europe, as well as to maintain a minimum bid between the Santiago-Madrid and Santiago routes -Miami based on the 2016 offer.
The firms also pledged to facilitate the entry and permanence of competing airlines in some routes through interline agreements of distribution, fee-sharing and access to frequent flier programs.
Fuente: Gestión
¿Busca más noticias? Suscríbase a nuestros boletines y conviértase en miembro de CPI para mantenerse al tanto de lo último en el mundo de la competencia económica.
Featured News
European Music Streaming Firms Rally Against Apple’s Proposed Remedies
May 9, 2024 by
CPI
Google and South Carolina Clash Over State Records Demand
May 8, 2024 by
CPI
Telefonica Germany Teams Up with Amazon Web Services to Migrate 5G Customers
May 8, 2024 by
CPI
Federal Judge Grants $7.4 Million Settlement in Pork Price-Fixing Case
May 8, 2024 by
CPI
Wilson Sonsini Bolsters Antitrust and Competition Practice with Key Partner Returns
May 8, 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