Chile's antitrust investigation of the proposed merger of LAN and TAM airlines could conclude by mid-May, the head of the antitrust tribunal was quoted as saying by a daily newspaper on Saturday. The regulator earlier this week estimated the probe would take six to nine months. The merger of Chile's LAN Airlines (LAN.SN) (LFL.N) and Brazil's TAM (TAMM4.SA) (TAM.N) would create Latin America's largest carrier. [ID:nN17277637] "It's feasible but not certain" that a ruling could be ready by mid-May or early June, the head of the TDLC antitrust tribunal, Tomas Menchaca, told Chile's El Mercurio.
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