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Mexico: Approved acquisition of Cornershop by Uber

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Description

Approved acquisition of Cornershop by Uber

On 14 December 2020, the Mexican Federal Economic Competition Commission (COFECE) authorised the acquisition of Cornershop by Uber after concluding that the transaction did not affect competition in the online grocery shopping market.

Original source

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2019-10-16
under deliberation

On 16 October 2019, Uber notified the Mexican Federal Economic Competition Commission (COFECE) of i…

2020-12-14
in force

On 14 December 2020, the Mexican Federal Economic Competition Commission (COFECE) authorised the ac…