The Mexican antitrust regulator, Cofece, is expected to release a ruling soon regarding Google's alleged monopoly in the digital advertising sector in Mexico, potentially leading to a fine of up to 8% of the company's annual revenue in the country. This investigation began in 2020, and the upcoming decision, due by June 17, could set a precedent for antitrust enforcement in Mexico. The case highlights ongoing scrutiny of major tech companies and their market practices.
Cofece accuses the company of establishing an effective monopoly in the Mexican digital advertising market, stemming from an investigation that began in 2020.
The potential fine could be among the largest ever imposed by Mexico's Federal Economic Competition Commission, reaching up to 8% of Google's annual Mexican revenue.
Collection
[
|
...
]