IANAL - Can credit card companies coordinate like this? This seems like price fixing but the other way around. Like one company wouldn’t do this alone cause it would drive customers away so they agree to do it together. Does that coordinated monopolistic behavior have president?
IANAL - Can credit card companies coordinate like this? This seems like price fixing but the other way around. Like one company wouldn’t do this alone cause it would drive customers away so they agree to do it together. Does that coordinated monopolistic behavior have president?
Yeah it seems to fit the description of a cartel… Not that it matters.
Yeah, I don’t expect the US Federal Government to do anything pro-consumer except to lower the cost of concentration camps and tear gas.