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They aren’t competitors? Well, they definately aren’t complimentary services (ie peanut butter and jelly). Well merchants and consumers aren’t the competitors
by will_brown 8y ago
They aren’t competitors? Well, they definately aren’t complimentary services (ie peanut butter and jelly).
Well merchants and consumers aren’t the competitors of visa/MC. Maybe they should cooperate by lowering the fees. If cooperation is the way to maximize profits...or does that only work when two companies collude to price fix?