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Yeah, which the CC oligopoly has conveniently arranged through merchant contracts. The Europeans negotiated around this with legislation and won a better deal.
by jjoonathan 6y ago
Yeah, which the CC oligopoly has conveniently arranged through merchant contracts. The Europeans negotiated around this with legislation and won a better deal.
In the US, I'm sure people would scream and cry if the evil government tried to take their 2% rewards, even if it meant 3.5% lower prices. We don't like math very much over here -- as this thread is proving.
- Tempest1981 6y agoOr resigned to the massive power of lobbyists.
- fredophile 6y agoI doubt prices on most common purchases would change at all. That extra money would just go to the retailers instead.