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VTR-Claro Chile joint venture to face in-depth review by the Chilean competition watchdog

( February 11, 2022, 14:36 GMT | Official Statement) -- MLex Summary: VTR and Claro Chile's joint venture plans are set to face in-depth review by the Chilean competition authority, according to a statement. The deal was notified to the country’s Fiscalía Económica Nacional, or FNE, on Dec. 30 and is aimed at creating a joint venture to operate in the markets for the provision of telecom services including Internet, cable TV, telephony, mobile services, telecom infrastructure, and others. FNE said the firms’ current market shares in the telecom services market in Chile could allow the new joint venture to unilaterally abuse its powers and hinder competition.FNE statement follows below in Spanish:...

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