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Mastercard Cooperating With DOJ Antitrust Investigation of Debit Program

Mastercard is cooperating with an antitrust investigation by the U.S. Department of Justice (DOJ). The firm received a Civil Investigative Demand (CID) from the DOJ...

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...

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...

Anticompetitive Regulation in the Payment Card Industry

Ronald Mann, Dec 22, 2011 The payment card industry in the United States has come under increasing scrutiny in recent years. The Bankruptcy Abuse Prevention...

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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