Last updated: March 16. 2013 9:24PM - 112 Views

Story Tools:

Font Size:

Social Media:

(AP) Argentina's newspapers say supermarket and appliance companies have been told to stop advertising during a price freeze the government imposed to stem inflation.

The government denies this: Consumer protection official Maria Colombo calls it an invention of the daily newspaper Clarin.

But Clarin spokesman Martin Etchevers says advertisers told both Clarin and La Nacion they're dropping the ads under pressure from Commerce Secretary Guillermo Moreno.

A trade group representing Argentina's supermarkets did not respond to Associated Press questions on Friday.

Consumer ads bring important income to newspapers that don't enjoy government subsidies or official advertising. Argentina's auditor-general criticized the government this week for spending $460 million on official advertising from 2007-2010, and giving most of it to only five of the country's 300-plus media companies, without considering their audience size.

Associated Press
All user comments are subject to our Terms of Service. Users may flag inappropriate comments.
comments powered by Disqus

Featured Businesses


Info Minute

Gas Prices

Wilkes-Barre Gas Prices provided by GasBuddy.com