Amazon, Mercado Libre may threaten e-commerce competition, Mexican regulator says

Reuters
2024.02.13 17:52
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Mexican regulator Cofece has identified possible barriers to competition in the e-commerce market, with Amazon and Mercado Libre controlling over 85% of transactions. Smaller retailers face challenges in competing due to high investments required and limited buyer and seller networks. Cofece recommends implementing corrective measures within six months to promote competition and transparency.