TDLC

Chile's Tribunal de Defensa de la Libre Competencia (TDLC) fined Cadena Comercial Andina SpA, part of Grupo Oxxo, over $2.4 billion for providing false information when notifying its 2021 merger with Ok Market. The ruling accepts a request from the Fiscalía Nacional Económica (FNE) and emphasizes the need for accurate data in merger oversight. Oxxo stated it will consider appealing to the Supreme Court.