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- W37129457 abstract "Antitrust issues relating to credit card networks long have been of interest to economists and lawyers. Visa and MasterCard have been embroiled in antitrust litigation repeatedly since the early 1970s—and there is no sign of this litigation abating any time soon. In fact, antitrust litigation now afflicts these networks nearly continuously.1 Yet the Visa and MasterCard networks continue to be able to exercise market power in large part because prior cases have failed to focus on the leading cause of Visa’s and MasterCard’s market power, i.e., the ability of banks to act collectively to fix interchange fees they collect from retail merchants throughout the United States." @default.
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- W37129457 date "2006-01-01" @default.
- W37129457 modified "2023-09-23" @default.
- W37129457 title "THE PERSISTENCE OF ANTITRUST CONTROVERSY AND LITIGATION IN CREDIT CARD NETWORKS" @default.
- W37129457 hasPublicationYear "2006" @default.
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