Mexico: Approved acquisition of Cornershop by Uber
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.
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