BRIEF-Honda says no final agreement with Takata over inflator recall responsibilities
* Honda Motor Co says no final agreement reached with Takata Corp over inflator recall responsibilities
SANTIAGO Nov 22 Chile's FNE competition regulator said a joint-business agreement that Santiago-headquartered LATAM Airlines inked with American Airlines Group Inc and IAG's British Airways and Iberia risks increasing fares and lowering quality on routes.
The opinion, in a 163-page document elaborated by the FNE and seen by Reuters on Tuesday, could increase the chances that Chile's TDLC anti-monopoly court nixes the deal.
The agreement between LATAM, American, and IAG seeks to help the airlines coordinate schedules and prices for flights, similar to the North Atlantic revenue-sharing agreement which already exists between IAG and American Airlines .
"The present operation creates a risk of increasing fares and decreasing the quality of routes encompassed in the geographical area of the agreement since both parties would be acting as a single economic agent, with important market participations," the document said.
LATAM said in a statement that the agreement would benefit passengers with lower fares, access to a bigger network of destinations, better itineraries and flight connections.
In Chile, the TDLC, a separate judicial body, will have the final word on whether the agreement restricts or endangers competition.
"LATAM is confident that the TDLC will recognize the benefits of this agreement for Chile," LATAM said. (Reporting by Felipe Iturrieta and Antonio de la Jara; Writing by Anthony Esposito; Editing by Alan Crosby)
TOKYO, June 26 Asian shares edged up on Monday on optimism about global growth while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields.
BENGALURU, June 26 Gold prices were little changed on Monday as the market waited for a flurry of key U.S. economic data this week, with a weaker dollar offering some support. FUNDAMENTALS * Spot gold was nearly flat at $1,256.06 per ounce at 0050 GMT, staying near a one-week low hit on Friday. * U.S. gold futures for August delivery rose 0.04 percent to $1,256.80 per ounce. * The dollar sagged against its major peers on Monday, los