Every time the subject of credit card rewards and the associated credit card fees come up, there is a suggestion that maybe this is a hidden and unfair tax on t

Every time the subject of credit card rewards and the associated credit card fees come up, there is a suggestion that maybe this is a hidden and unfair tax on the economy that we ought to eliminate. This is arguably a fair point. But in practice I don't believe that we will see the prices go down by 2/3% if we regulate these fees like the EU did. The only thing that will disappear is the rewards. So in my opinion a net positive for the sellers that will be able to effortlessly increase their margins but a small negative for the consumer.