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06/27/2019
On 5 June 2019 the Federal Economic Competition Commission (COFECE) issued a press release announcing that it had rejected Wal-Mart International Holdings, Inc's (Walmart's) proposal to acquire Delivery Technologies, S de RL de CV (Cornershop). According to the press release, the COFECE rejected the acquisition in light of the potential risks that it posed to competition and free market access.