By Aislinn Laing
SANTIAGO, Feb 28 (Reuters) - Chilean supermarket chains Cencosud, SMU and the local unit of Walmart Inc were fined $12.1 million on Thursday for participating in a scheme to fix the price of fresh chicken, according to court documents.
The companies, which have a combined market share of more than 90 percent, said they would appeal to Chile's supreme court.
The TDLC fined Censosud $5.14 million, Wal-Mart Chile $4.1 million, and SMU$3 million.
Antitrust regulator the FNE brought the case in 2016 after Chilean paper manufacturer CMPC and a division of Sweden's SCA were fined and ordered to compensate consumers for colluding for a decade to fix toilet paper prices.
The FNE had called for fines of up to $22.9 million for each supermarket chain, while Chile'sChristian Democrat Party demanded jail time.
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