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LAN’s TAM takeover to create world’s second largest airline

Sydney Morning Herald, 22 September 2011

Chile's antitrust tribunal yesterday approved LAN Airlines' multibillion-dollar takeover of Brazilian carrier TAM with conditions, paving the way for the creation of one of the world's biggest airlines. Antitrust tribunal TDLC said the merged airline must comply with a host of mitigation measures, including ceding slots on the key Santiago to Sao Paulo route and renouncing participation in one of two global alliances.