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MEXICAN REGULATORS TELL AMAZON TO WALL OFF PRIME TV, REVEAL ITS ALGORITHMS AND OPEN UP DELIVERY
Techlife News
|February 17, 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.
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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.
Diese Geschichte stammt aus der February 17, 2024-Ausgabe von Techlife News.
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