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Quinenco’s bid for Terpel’s Chilean assets rejected by TDLC

By  |  April 29, 2012

Chile’s TDLC has rejected Quinenco’s proposal to buy Terpel’s Chilean operations for $320 million. Terpel has 200 gas stations and 97 convenience stations in Chile. The antitrust watchdog had found that the deal would lead to higher fuel prices in an “oligopolistic industry.”

Full content: Reuters

 

Related content: The Interface Between Competition Law and Regulation in Chile—Who’s the Boss? (Paulo Montt, FerradaNehme)

 

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