3 ms·
I would say this is an example where a duopoly is useful for consumers. The duopoly allows consumers the ability to use a credit card pretty much anywhere they
by sbahr001 7y ago
I would say this is an example where a duopoly is useful for consumers. The duopoly allows consumers the ability to use a credit card pretty much anywhere they want in the US; This is pretty convenient if you use a credit card responsively. It is also a better solution than the old days where you would have store cards or a store account.
(I am not saying the duopoly is great because these companies are a massive headache for businesses, and increase the cost of things)
- thesimon 7y ago>I would say this is an example where a duopoly is useful for consumers. The duopoly allows consumers the ability to use a credit card pretty much anywhere they want in the US Going by that reasoning a monopoly would be even better, as the card would be accepted everywhere. The consumer pays by lack of innovation and high scheme fees.