Mexican regulator flags Amazon, Mercado Libre as possible threats to e-commerce competition

MercadoLibre

13/02/2024 16:20

MEXICO CITY, Feb 13 (Reuters) - Mexican antitrust
regulator Cofece on Tuesday said it had identified "possible
barriers" to competition in the e-commerce market, underscoring
that Amazon  AMZN.O  and Mercado Libre  MELI.O  together
controlled over 85% of transactions and sales.

 (Reporting by Raul Cortes; Editing by Anthony Esposito)
 ((sarah.morland@thomsonreuters.com;))