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Also true for Australia! When they regulated interchange, merchants did not pass the savings on to consumers.[1] [1] https://laweconcenter.org/resources/the-ef
by abalone 3y ago
Also true for Australia! When they regulated interchange, merchants did not pass the savings on to consumers.[1]
[1] https://laweconcenter.org/resources/the-effects-of-price-controls-on-payment-card-interchange-fees-a-review-and-update/ https://laweconcenter.org/resources/the-effects-of-price-con...
- eltondegeneres 3y agoThat think tank is funded[1] by the anti-regulation Charles Koch Institute and the article should be read with that in mind. [1]: https://www.influencewatch.org/non-profit/international-policy-network-international-center-for-law-economics/ https://www.influencewatch.org/non-profit/international-poli...
- scarface_74 3y agoThat may be true. But do you in your heart of hearts think that companies are going to pass those savings on to consumers?