MercadoLibre slams Argentine banks for ‘cartel’ tactics
MercadoLibre accused the Argentinian banks of “illegal concentration” on a payment platform to compete against the company’s fintech arm. The 36 banks involved in the MODO wallet have formed a cartel to avoid competition among their own digital wallets. OUR TAKEFounded in 1999, MercadoLibre is currently the most valuable public company in Latin America with…