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Mexico: Notified intent of acquisition of Cornershop by Uber

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Description

Notified intent of acquisition of Cornershop by Uber

On 16 October 2019, Uber notified the Mexican Federal Economic Competition Commission (COFECE) of its intention to acquire Cornershop. As provided by the Federal Competition Law, COFECE will review the potential competition effects of the transaction in the market before approving the merger.

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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…