Antitrust Litigation 2025

CHILE Law and Practice Contributed by: Claudio Lizana, Daniela León, Tomás Appelgren and María Jesús Gaete, Estudio Lizana

Estudio Lizana is a boutique law firm headquartered in Santiago, Chile, specialised in competition, regu - latory and compliance matters, as well as corporate law. The team is made up of three partners, three associates and one paralegal. It has comprehensive expertise in competition law matters, including merg - er control, investigations by the Fiscalía Nacional Económica (FNE) on cartels, abuse of dominance, and unfair competition, as well as litigation before the Chilean Competition Court (TDLC) and the Supreme

Court. Recent relevant work includes advising both Brink’s Chile and Indura (Air Products) in their defenc - es in ongoing cartel litigations (historical cases due to the high fines requested); Mastercard in a TDLC proceeding regarding the issuance of regulations for the payment cards industry and ongoing litigation against several payment facilitators; Minerva Foods in the merger control review of an acquisition of as - sets from Marfrig; and a large technological company in an ongoing antitrust investigation.

Authors

Claudio Lizana is the founding partner of Estudio Lizana. For over 30 years, his practice has focused on antitrust matters, including litigation before the TDLC and the Supreme Court, investigations on cartels and

Tomás Appelgren has been a partner at Estudio Lizana since 2023, after joining the firm as an associate. His practice focuses on antitrust and regulated markets, advising clients in investigations carried out by the FNE,

abuse of dominance, and merger control proceedings before the FNE. He also has extensive experience in corporate matters. Previously, he was a partner at the law firm Carey for more than 20 years.

as well as in contentious and non-contentious matters before the TDLC. He also has experience in corporate law, mergers and acquisitions. Before joining Estudio Lizana, he worked as an associate in Carey’s antitrust and regulated markets group for four years.

Daniela León has been a partner at Estudio Lizana since 2023. Her practice focuses on antitrust and regulation, with extensive experience in merger control proceedings before the FNE, as well as investigations of

María Jesús Gaete has been an associate at Estudio Lizana since 2022. Since joining the firm, her work has focused on competition and regulation matters, with a special focus on judicial matters before the

the antitrust, cartel and compliance divisions of the same authority. She has also represented important national and international companies in contentious and non-contentious proceedings before the TDLC and the Supreme Court. Previously, she worked as an associate in Carey’s antitrust and regulated markets group for five years and then joined Estudio Lizana as an associate, before being named partner.

TDLC. She actively participates and collaborates in the work of partners in all types of court cases, both contentious and non-contentious, as well as in FNE investigations. Previously, she worked as a paralegal at Baker McKenzie Chile.

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