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MercadoLibre’s Brazil Drug Marketplace Faces Regulator Review
Source: Bloomberg
Regulation & LegislationHealthcare & BiotechConsumer Demand & RetailLegal & Litigation
MercadoLibre’s planned expansion into online prescription-drug sales in Brazil faces a regulatory setback after the national health regulator said it is reviewing the company’s proposed pharmacy marketplace. The review creates uncertainty around timing and viability of MercadoLibre’s healthcare-commerce growth initiative in its largest market.
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