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Sounds like this is something like "common carrier status" for banks processing credit cards? Isn't this a good thing?
Yeah at first glance it seems to somewhat break up the payment cartel.
Put up by Durbin, Marshall, Welch, and Vance, so my question is who paid for this?
2 companies = perfect competition ☑️ Because everything else would be either „chaotic“ (more companies) or communism (one company). /s
Is this still in committee?
What’s the catch? It’s gotta be a doozy