Iberia Líneas Aéreas de España S.A. - Operadora

Sales of different tariffs through different channels and anti-competitive behaviour. Olaechea advised Iberia on a query related to the existence of any legal impediment or restrictions in Peru on selling different tariffs through different channels. To this end, we took into account the rules relating to vertical anti-competitive conduct that justify a measure involving differentiating between economic agents operating at different levels of a marketing chain. Understanding limits of price setting: In this regard, we determined that, as a general rule, there are no restrictions on price fixing, as prices are governed by supply and demand. Opinion on establishment of differentiated tariffs and associated risks: Thus, we have therefore provided a comprehensive opinion on the assumptions that must be taken into account for the valid establishment of differentiated tariffs, as well as the risks associated with these measures. Leading airline in Spain and between Europe and Latin America: Iberia is the leading airline in Spain and has a fleet of 165 aircraft. It offers 143 destinations in Europe, America, Africa, the Middle East, and Asia, plus a further 380 in collaboration with its partners. Iberia is also the leading airline between Europe and Latin America. Latest development: We assisted the client with this matter.

Matter value – include currency and amount in figures :

Operating profit in the second quarter of 2023: USD 341.11 million

Is this a cross-border matter? If yes, please indicate the jurisdictions involved :

No

Lead partner :

Martín Serkovic

Other team members :

Lucía Luna

Other firms advising on the matter and their role(s) :

N/A

Date of completion or current status :

October 2024