VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Friday, January 2, 2026
Stock Comparison
MercadoLibre, Inc. vs TC Energy Corporation
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
MercadoLibre, Inc.
MELI · NASDAQ
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into MercadoLibre, Inc.'s moat claims, evidence, and risks.
View MELI analysisTC Energy Corporation
TRP · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into TC Energy Corporation's moat claims, evidence, and risks.
View TRP analysisComparison highlights
- Moat score gap: TC Energy Corporation leads (80 / 100 vs 73 / 100 for MercadoLibre, Inc.).
- Segment focus: MercadoLibre, Inc. has 2 segments (58.5% in Commerce (Marketplace, logistics, ads, classifieds)); TC Energy Corporation has 4 segments (46.1% in U.S. Natural Gas Pipelines).
- Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Weak.
- Moat breadth: MercadoLibre, Inc. has 6 moat types across 4 domains; TC Energy Corporation has 4 across 3.
Primary market context
MercadoLibre, Inc.
Commerce (Marketplace, logistics, ads, classifieds)
Latin American e-commerce marketplace and commerce services (online marketplace, 1P retail, fulfillment/logistics, advertising)
Latin America (Brazil, Mexico, Argentina and other countries)
Consumers (buyers) and merchants/brands (sellers), including MSMEs
Marketplace operator + retailer + logistics orchestrator
58.5%
TC Energy Corporation
U.S. Natural Gas Pipelines
U.S. interstate natural gas pipeline transportation (FERC-regulated)
United States
Utilities/LDCs, power generators, LNG/export facilities, industrial users and marketers (as shippers)
Midstream pipeline operator
46.1%
Side-by-side metrics
Moat coverage
Shared moat types
No overlap yet.
MercadoLibre, Inc. strengths
TC Energy Corporation strengths
Segment mix
MercadoLibre, Inc. segments
Full profile >Commerce (Marketplace, logistics, ads, classifieds)
Oligopoly
Fintech (Mercado Pago & credit)
Competitive
TC Energy Corporation segments
Full profile >Canadian Natural Gas Pipelines
Quasi-Monopoly
U.S. Natural Gas Pipelines
Oligopoly
Mexico Natural Gas Pipelines
Oligopoly
Power and Energy Solutions
Competitive
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View the moat stocks listCuration & Accuracy
This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).
Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.