A Milestone For Int'l Cartel Enforcement In Chile

Law360, New York (October 11, 2013, 5:10 PM EDT) -- On Sept. 24, 2013, the Chilean Supreme Court affirmed a judgment in the compressors case that should have important ramifications for the ability of Chile’s competition enforcement agency, the Fiscalía Nacional Económica (FNE), to protect the nation’s consumers from domestic and international cartels.[1]

The case, arising from the participation by Whirlpool (through its subsidiary, Embraco) and Tecumseh do Brasil Ltda. in a worldwide conspiracy involving manufacturers of refrigerant compressors, represents the first time in Chile a leniency application has resulted in the successful prosecution of a...
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