FNE requests fine of $4.1 mn for Disney and subsidiary for delivering false information

The National Economic Prosecutor’s Office (FNE) filed an injunction against The Walt Disney Company (Disney Parent) and its subsidiary TWDC Enterprises for having submitted false information in the procedure of analysis of the concentration in which it acquired the shares of Twenty-First Century Fox and for failing to take action during the approval process. In the request, the FNE indicated that it would request a fine of $ 439,000 for Disney Parent and $ 3.7 million for TWDC, both of which total US$ 4.1 million.

Source: La Tercera