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- W614915832 abstract "ard payments have become increasingly popular in many countries. More consumers have adopted general purpose credit, debit, or prepaid cards and are using those cards more than ever. At the same time, more public authorities have intervened or initiated investigations in the payment card industry concerning interchange fees and rules set by payment card networks, such as no-surcharge and honor-all-cards rules. Another recent trend is a shift in public authority involvement from pursuing antitrust litigation to employing regulatory and legislative measures to address policy issues raised by payment card pricing or rules. Interchange fees and network rules are increasingly determined by laws or regulatory authorities such as central banks instead of through settlement agreements with competition authorities or the decisions of competition courts. This Briefing summarizes the trends of public authority involvement in interchange fees and network rules, examines reasons for the shift to regulatory measures in Canada and the European Union (EU), and considers potential implications for the United States." @default.
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- W614915832 date "2014-01-01" @default.
- W614915832 modified "2023-09-23" @default.
- W614915832 title "Interchange Fees and Network Rules: A Shift from Antitrust Litigation to Regulatory Measures in Various Countries" @default.
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