Comment by abalone
2 years 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-con...
2 years 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-con...
That 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-poli...
That may be true. But do you in your heart of hearts think that companies are going to pass those savings on to consumers?