Debit Amendment Runs Into Buzz Saw of Opposition
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Boston Business Journal
Debit Amendment Runs Into Buzz Saw of Opposition
Additionally, the International Center for Law & Economics (ICLE) and the Mercatus Center of George Mason University held a conference and released a white paper by Professor Todd Zywicki discussing the economics of payment card interchange fees and the limits of regulation. In his paper, Zywicki writes that government intervention "ignores the extreme difficulty of devising workable political interventions in a system as interdependent and complicated as payment card systems, especially when those interventions would engage in price-setting of the interchange fee either directly or indirectly."
