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CPI(7)2

In this issue, CPI examines the intersection of antitrust and financial regulation. Letter from the Editor David Evans, Dec 22, 2011 Letter from the Editor...

Antitrust Issues in Two-Sided Network Markets: Lessons from In Re Payment...

Alan Sykes, Jan 30, 2015 In 2013, I served as a court-appointed expert in consolidated class and individual plaintiff antitrust litigation against Visa and Mastercard...

Price Restrictions in Multi-sided Platforms: Practices and Responses

Benjamin Edelman, Julian Wright, Jan 30, 2015 In connecting buyers to sellers, some two-sided platforms require that sellers offer their lowest prices through the platform,...

Card Surcharges and Cash Discounts: Simple Economics and Regulatory Lessons

Helene Bourguignon, Renato Gomes, Jean Tirole, Jan 30, 2015 The role of payment cards in modern economies can hardly be underrated. In 2013, debit and...

Durbin’s Folly: The Erratic Course of Debit Card Markets

Richard Epstein, Dec 22, 2011 The passage of the Durbin Amendment in July, 2010 followed extensive claims by Senator Durbin and retailers that the only...

A Tribute, of Sorts, to William F. Baxter’s Bank Interchange of...

Thomas Brown, Dec 22, 2011 In 1983, the Assistant Attorney General of the Antitrust Division in the United States Department of Justice, Bill Baxter, did...

The Regulation of Interchange Fees by the U.S. Federal Reserve Board:...

David Evans, Robert Litan, Richard Schmalensee, Mar 30, 2011 The Board of Governors of the Federal Reserve System ("Board") is the latest of a series...

The Regulation of Interchange Fees by the U.S. Federal Reserve Board:...

David Evans, Robert Litan, Richard Schmalensee, Mar 30, 2011 The Board of Governors of the Federal Reserve System ("Board") is the latest of a series...
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