MercadoLibre Slams Argentine Banks for Cartel Tactics

MercadoLibre, the largest e-commerce platform in Latin America, has issued a strong condemnation against the Argentine banking sector, accusing it of employing cartel tactics aimed at undermining its business model. In response to a sharp increase in fees and hidden charges that banks have recently implemented, MercadoLibre has formally lodged a complaint with local regulatory bodies and is calling for an investigation into the banks' actions.

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