Tag: Credit Cards
Should Multisided Markets Receive This Much Attention?
Owen Kendler, Jun 13, 2013
The antitrust community talks perennially about multisided or two-sided markets. At first glance, this attention may appear misplaced. The courts...
Payment Card Regulation and the Use of Economic Analysis in Antitrust
Jean Tirole, Mar 30, 2011
A key input of our modern economies, payment cards are ubiquitous; debit and credit cards offer a wide range of alternatives...
Payment Card Regulation and the Use of Economic Analysis in Antitrust
Jean Tirole, May 20, 2011
To view a streaming, live presentation on June 15 of the special CPI/Pymnts Brussels conference on The Impact of Interchange...
Interchange Fees: Optimal Regulation
Panelists analyze various theories on interchange, focusing in particular on the tourist test.
Thibaud Vergé notes that the tourist test doesn’t work well in all...
Price Signals in Two-Sided Markets
Joshua Gans, Jul 27, 2010
Two-sided platforms have represented an antitrust challenge in a similar way to the challenge posed by innovation and dynamics. Put...
Maximizing Competition in the Case of Two-Sided Markets
Kaushal Sharma, Shanker Singham, Jul 27, 2010
A two-sided market refers to a type of economic transaction or network in which there are two distinct...
MIF: The Root of Evil or Just a Scapegoat?
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Lia Vitzilaiou, May 27, 2008
Multilateral interchange fees and their appropriate regulation under EC...
Comments on the European Commission’s MasterCard Decision
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Michael Katz, Apr 03, 2008
On December 2007, the European Commission issued its decision...
The European Commission’s Decision in MasterCard: Issues Facing the Payment Card...
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John Wotton, Apr 02, 2008
The Decision in MasterCard displays a fundamental divergence between...
The European Commission’s Ruling in MasterCard: A Wise Decision?
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Wilko Bolt, Apr 01, 2008
Payment pricing and competitive efficiency have recently attracted a...