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Previously, the Credit Card Competition Act faced a veto from the White House, as President Biden had made his disdain for what he called “junk fees” very clear, as we previously reported.
The Credit Card Competition Act of 2023 is pitting retailers against banks. Proponents say it’ll benefit merchants by lowering some of their operating costs, enabling them to reduce prices.
A bipartisan bill focused on credit-card swipe fees has failed to gain traction for years, but it has another shot in the U.S. Senate this week thanks to a separate measure focused on the ...
It is not illegal to possess market power, but according to Australia’s Competition and Consumer Act 2010, it is illegal to use it “for the purpose, effect, or likely effect of substantially ...
The Competition Act, 2002 is the primary legislation concerned for preventing practices that have an adverse effect on competition. It establishes the Competition Commission of India ...