CHILE Trends and Developments
Trends and Developments Contributed by: Claudio Lizana, Daniela León, Tomás Appelgren and Thomas Stöcklin 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 over 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. Thomas Stöcklin has been an associate at Estudio Lizana since 2023, focusing on competition and regulatory law, including litigation before the TDLC. He plays an active role in supporting the partners across a wide range of legal proceedings, both adversarial and non-adversarial, and also contributes to investigations conducted by the FNE. Prior to joining the firm, he worked as a paralegal for the National Economic Prosecutor’s Office.
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
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.
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