3 ms·
> Payment providers are companies. They should be able to decide what they'll cover or not Companies exist to provide people with goods and services. They have
by franga2000 4y ago
> Payment providers are companies. They should be able to decide what they'll cover or not
Companies exist to provide people with goods and services. They have no inalienable rights beyond that. If a company does so in a way we see as unacceptable (in this case discriminatory), we have the right to force it and the only rights it has are to comply or cease operation.
> In this case the bigger issue is that you essentially have a duopoly that allows 2 companies to affect the market with those decisions.
Yes, everyone know that's an issue. The solution, obviously, is to limit their ability to manipulate. We can achieve a big part pf this this by forcing them to serve everyone equally.
- giantg2 4y ago"We can achieve a big part pf this this by forcing them to serve everyone equally." Why don't we force all companies to do this then? The other alternative is to break them up and create true competition.
- Aerroon 4y ago>Why don't we force all companies to do this then? Because this can end up adding a barrier to entry for new businesses, especially in new niches. However, I think once any company becomes large enough then this should apply to them.