CADE conditionally clears airline joint venture

Brazil’s Administrative Council for Economic Defence (CADE) has approved a business deal between International Airlines Group and South American airlines company LATAM, subject to conditions aimed at protecting competition in the market for routes between São Paulo and London.

On 9 March, CADE’s decision-making tribunal conditionally cleared a deal between the airline groups that allow them to coordinate on flight schedules, pricing, marketing and other business activities.

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