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Minimum fees are often set because a well funded (large) player can operate a route at a loss, drive less well funded players bankrupt and then put the prices w
by LatteLazy 6y ago
Minimum fees are often set because a well funded (large) player can operate a route at a loss, drive less well funded players bankrupt and then put the prices way up after they're the only provider left.
It's called predatory pricing.
https://en.wikipedia.org/wiki/Predatory_pricing https://en.wikipedia.org/wiki/Predatory_pricing
I can't tell you whether the CAB or the ICC actually improved things or not and whether regulatory capture is possible/likely for Big Tech.
I'm just saying minimum prices exist for a reason and don't necessarily hurt consumers in the long term.