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There is no free market when you have enormous monopolies like VISA. Fee market is when you have VISA, MasterCard and like ten other companies and still can pro

by adontz 6y ago

There is no free market when you have enormous monopolies like VISA. Fee market is when you have VISA, MasterCard and like ten other companies and still can process transaction of nine other companies. Card processing is not a free market.

jhanschoo 6y ago
Do card processors have a monopoly in payment processing when gab is still able to receive payments via other (more inconvenient) options?
- rbecker 6y ago
  Not a monopoly, but they have enormous market power, which used to be sufficient to get into anti-trust trouble.