> MasterCard may reasonably believe they have power enough > to do this. The UK is still a large economy and there are quite a few other big players in the tr

> MasterCard may reasonably believe they have power enough > to do this. The UK is still a large economy and there are quite a few other big players in the transactions handlers market. Given how several large companies are looking to setup micro-transactions with zero-cost transaction overheads, they might be shooting themselves in the foot. The reason the UK should fight this is that they obviously currently have a lot of outgoings and very little income (like every Country during COVID). They will already have to raise taxes - if MasterCard are also raising their own form of tax this will even more greatly increase living costs. > A government which is scarcely managing its current > responsibilities. I don't want to get into politics on HN.