Don't be naive. Credit card companies have lobbies which operate in their interests and help pass legislation which favors their industry, much like other finan

Don't be naive. Credit card companies have lobbies which operate in their interests and help pass legislation which favors their industry, much like other financial interests. There doesn't even need to be explicit conversation between government officials and Visa/MasterCard for there to be a conspiracy; it's more of a matter of a gentleman's agreement to cover each other's backs.