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news El Sudcaliforniano 2026-05-25

Antitrust Commission Fines Rappi and Banorte Millions for Unauthorized Deal

Mexico's Antitrust Commission (COFECE) has issued a hefty 19.9 million peso fine to Rappi and Banorte. The penalty stems from Banorte's unauthorized intervention in Rappi's credit card business decisions without prior approval from regulators.

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