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Mexico: Regulator opens e-commerce probe

By  |  February 1, 2018

According to Reuters, Mexico’s antitrust authority has opened a probe of possible monopoly abuses by e-commerce companies, such online retailers.

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    Cofece, the Federal Commission for Economic Competition, said in a notice published in the daily government gazette that it was investigating possible practices by major players to crimp the growth of smaller competitors.

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    Cofece did not provide details on what type of e-commerce was being investigated or name any companies.  “This process should not imply any prejudgment of the responsibility of any economic agent,” the notice said.E-commerce accounts for slightly more than 3% of all retail sales in Mexico, where shoppers fear credit card fraud and are often paid in cash

    Full Content: Reuters

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