Resultados

Mergers

  • Advising services and preliminary reports for merger notification and comparative evaluation of potential buyers
  • Services supporting completion of the National Economic Prosecutor’s Merger Notification Form
  • Economic reports on risks and efficiencies derived from concentrations operations
  • Design and implementation of mitigation measures
  • Presentations at the National Economic Prosecutor’s Office or the Competition Tribunal

Known Cases

  • Intercontinental, Ritz Carlton, Crowne Plaza - Sheraton Hotels - January, 2016

    Reports: (i) Merger assessment of the purchase of Sheraton Hotels by Inversiones Hoteleas Holding SpA (IHH) (November 2015); and (ii) Report on Upward Pricing Pressure in the case of elimination of competition among Sheraton Hotels and IHH Hotels. Coauthor: Lima, José Luis (January 2016)

    Download Report November 2015 (public version) Download Report January 2016 (public version)
  • LATAM - American Airlines - IAG - June, 2017

    Reports : (i) Regarding the effects on competition of the Joint Business Agreement between American Airlines and LATAM Airlines for the provision of air transport services between South America and North America (August 2016); (ii) Regarding the effects on competition of the Joint Business Agreement between British Airways, Iberia and LATAM Airlines for the provision of air transport services between South America and Europe (August 2016); (iii) Regarding the comments of the National Economic Prosecutor to the Compass Lexecon and RBB Economics reports on the JBAs between LATAM Airlines and American Airlines and LATAM Airlines and IAG (May 2017); (iv) Regarding the reports presented by ACHET and the National Economic Prosecutor on the JBAs between LATAM Airlines and American Airlines and LATAM Airlines and IAG (May 2017)

    Download Report AA-LATAM August 2016 (public version) Download Report IAG-LATAM August 2016 (public version) Download Report May 2017 1 (public version) Download Report May 2017 2 (public version)
  • Hormigones Bicentenario - Polpaico - June, 2017

    (i) Competition merger assessment presentation to the National Economic Prosecutor (December 2016); (ii) Analysis of proposed remedies (April 2017); and (iii) countinuous support services during the merger procedure

    Download Settlement Agreement Download Settlement Agreement Approval (TDLC)
  • Accor - Atton Hotels - August, 2018

    Services supporting completion of the National Economic Prosecutor's Merger Notification Form

    Download Phase 1 Approval (FNE)
  • Bimbo - Nutrabien - September, 2018

    Reports and presentations to the National Economic Prosecutor of: (i) Merger efficiencies assessment (November 2017); (ii) Upward Pricing Pressure calculation of the Bimbo and Nutra Bien merger (February 2018); and (iii) Comments to the National Economic Prosecutor´s Assessment (April 2018)

    Download TDLC Final Decision (Judicial Review)
  • Telepizza - Pizza Hut - January, 2019

    Services supporting completion of the National Economic Prosecutor's Merger Notification Form

    Download Phase 1 Approval (FNE)