MEXICAN REGULATORS TELL AMAZON TO WALL OFF PRIME TV, REVEAL ITS ALGORITHMS AND OPEN UP DELIVERY
AppleMagazine|February 16, 2024
Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms, and to wall off TV streaming to avoid stifling competition.
MEXICAN REGULATORS TELL AMAZON TO WALL OFF PRIME TV, REVEAL ITS ALGORITHMS AND OPEN UP DELIVERY

Mexico’s Federal Commission on Economic Competition, known by its initials as COFECE, said in a preliminary finding late Tuesday that the two firms control 85% of online sales in Mexico.

It said that market dominance created “an absence of real competitive conditions in the online retail market.” For Amazon, the finding was the latest in a string of regulatory challenges it has faced in its countries of operation.

The COFECE order also covers the biggest Latin American online retailer, the Uruguay-based firm Mercado Libre.

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Bu hikaye AppleMagazine dergisinin February 16, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

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