MercadoLibre Files Complaint Against Apple in Brazil, Mexico
- Company says Apple allegedly breaking antitrust regulations
- MercadoLibre submitted the complaint in its largest markets
A display of iPhone 14 Pro smartphones at the Apple Inc. Regent Street store in London, UK, on Monday, Nov. 7, 2022.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Latin American e-commerce and fintech firm MercadoLibre Inc. has filed a complaint with antitrust regulators in its largest markets of Brazil and Mexico against Apple Inc., claiming that the US tech firm has broken anticompetitive practices.
MercadoLibre alleges that Apple is violating anti-competitive practices by prohibiting third-parties from distributing digital goods on iOS apps, Head of Antitrust Paolo Benedetti said in an interview. In addition to hurting developers, that policy also leads to higher prices due to the large commissions that Apple charges, he said.