Thursday
February 15
2024

Mexico Tells Amazon to Reveal Its Algorithms, Open up Delivery and Wall off Prime TV

Mexican regulators have ordered online retailers Amazon and Mercado Libre to reveal their algorithms and to wall off TV streaming to avoid stifling competition.

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.

Photo courtesy of Jon Russell.

Source: Fortune (link opens in a new window)

Categories
Technology
Tags
business development, marketing and advertising, regulations