Walmart Unit Abused Market Power, Mexico Investigators Say

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(Bloomberg) -- Walmart Inc. will face an antitrust panel in Mexico after a three-year probe concluded the retailer’s local unit abused its market power, a...

-- Walmart Inc. will face an antitrust panel in Mexico after a three-year probe concluded the retailer’s local unit abused its market power, a charge that could result in billions of dollars in fines.US Stocks Rebound as Wall Street Debates Rates: Markets Wrap

Cofece launched the probe three years ago into alleged abuse of Walmex’s market position in the wholesale supply and distribution markets, as well as retail operations and related services. At the time, the agency cited its own recently concluded study that found small businesses were disadvantaged by large retail chains that imposed tough conditions, such as delaying payments or requiring vendors to carry the risk of unsold products.

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