The Sixth Chamber of the Santiago Court of Appeals this week will hear the case presented against the resolution which imposed the payment of compensation for damages in a widespread price-fixing scheme perpetrated by Chilean paper company CMPC and Swedish-based SCA Chile.
The resolution may be struck down by the court, as the Tribunal for the Defense of Free Competition (TDLC), one half of the country’s competition regulation framework, has yet to issue a final sentence. SCA, which brought forth the case for appeal, has insisted that the demands of consumer advocates CONADECUS and SERNAC should be rejected outright, as no final sentence has been given by the TDLC.
SERNAC has also sued the Swedish-based SCA, with their case being taken up to the country’s Supreme Court. “In the case of SCA, we are going all the way to the highest court, because our lawsuit was initially declared inadmissible, which was unfortunately not reverted upon first appeal. We are working to ensure that these reparations should come from the collective process recognized by the most recent reform to the law” said SERNAC director Ernesto Muñoz.
Full Content: Pulso
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Pushes Review of CoStar’s Commercial Real Estate Antitrust Case
Jan 31, 2024 by
CPI
UK’s CMA Investigates Ardonagh’s Atlanta Group and Markerstudy Merger
Jan 31, 2024 by
CPI
Greenberg Traurig Grow Financial Regulatory and Compliance Practice
Jan 31, 2024 by
CPI
Dutch Regulator Fines Uber €10 Million for Privacy Violations
Jan 31, 2024 by
CPI
DOJ Investigates AI Competition, Eyes Microsoft’s OpenAI Deal: Bloomberg
Jan 31, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – The Rule(s) of Reason
Jan 29, 2024 by
CPI
Evolving the Rule of Reason for Legacy Business Conduct
Jan 29, 2024 by
CPI
The Object Identity
Jan 29, 2024 by
CPI
In Praise of Rules-Based Antitrust
Jan 29, 2024 by
CPI
The Future of State AG Antitrust Enforcement and Federal-State Cooperation
Jan 29, 2024 by
CPI