Brazil's Antitrust Regulator Wants Apple To Remove Restrictions On In-App Payments
According to Reuters, the complaint filed by MercadoLibre in 2022 pointed out that Apple imposes its in-house payment system upon developers that offer digital goods or services, and prevents these developers to redirect buyers to their own websites and do their transactions outside the app.
Brazil’s Antitrust Authority Orders Apple to Allow External Payment Methods
Brazil's antitrust regulator, CADE, ordered Apple to lift in-app payment restrictions, following a complaint from MercadoLibre, with a daily fine for
Brazil’s antitrust regulator says Apple must lift anticompetitive restrictions
Brazil’s antitrust regulator said that Apple must lift restrictions and allow app developers to market third-party apps and other in-app purchasing systems.
Brazil antitrust body rules Apple must lift restrictions on in-app payments
Brazilian antitrust regulator Cade said on Monday that Apple must lift restrictions on payment methods for in-app purchases, among other things, as the watchdog moved to proceed with an investigation into a complaint filed by Latin America e-commerce giant MercadoLibre.
App Store anti-steering rules declared illegal in Brazil, in latest antitrust ruling
Apple’s App Store anti-steering rules have been declared illegal in Brazil, in the latest antitrust ruling against the company.
Brazil's antitrust regulator is set to fine Apple if in-app purchase restrictions aren't lifted
Apple has only 20 days to open up in-app purchases, or it could face $43k in fines per day if it fails to comply with the Brazil antitrust regulator's ruling.
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MercadoLibre price target lowered to $2,450 from $2,480 at Citi
Citi analyst Joao Pedro Soares lowered the firm’s price target on MercadoLibre (MELI) to $2,450 from $2,480 and keeps a Buy rating on the shares.
MercadoLibre trades in the green for seven straight sessions
MercadoLibre (NASDAQ:MELI) shares traded in the green on Monday, making it the seventh consecutive day of gains. The stock ...
A Once-in-a-Decade Opportunity: 1 Supercharged Growth Stock to Buy After a Recent 10% Pullback
Despite the company's history of share price appreciation, its remaining growth potential, and high ROIC, MercadoLibre ...
With 83% ownership in MercadoLibre, Inc. (NASDAQ:MELI), institutional investors have a lot riding on the business
Key Insights Given the large stake in the stock by institutions, MercadoLibre's stock price might be vulnerable ...
MercadoLibre: Buy The Unwarranted Pullback, Credit Growth Headwinds Are Temporary
Read here for highlights on the opportunity in MercadoLibre (MELI) stock post-pullback, citing strong growth potential in ...
Is It Time to Buy MercadoLibre Stock?
From 2013 to 2023, MercadoLibre's gross merchandise volume clocked a compound annual growth rate (CAGR) of 20%, its total ...
MercadoLibre price target lowered to $2,200 from $2,500 at Barclays
Barclays lowered the firm’s price target on MercadoLibre (MELI) to $2,200 from $2,500 and keeps an Overweight rating on the shares post ...
U.S. News & World Report8d
MercadoLibre Inc
Becoming a financial advisor can lead to a lucrative career, but the real reward is helping clients achieve their dreams. U.S. News' panel of financial advisors weighs in on gold as an investment ...
MercadoLibre, Inc. (NASDAQ:MELI) Shares Sold by Prospera Financial Services Inc
Prospera Financial Services Inc reduced its position in MercadoLibre, Inc. (NASDAQ:MELI – Free Report) by 54.5% during the ...