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By Claude R. Marx |
March 22, 2011
Accusing him of supporting “crony capitalism,” a group of retailers have run advertisements against freshman Sen. Mike Lee (R-Utah) for being a backer of a measure that would delay the implementation of a Federal Reserve rule regulating interchange.
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By David Morrison |
October 13, 2010
The U.S. Justice Department announced last week that a long-running antitrust investigation against the three largest card brands has ended in a settlement with two of the three and litigation against the third.
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By David Morrison |
October 5, 2010
Consumer and retail groups are praising the U.S. Department of Justice's actions against major credit card brands, but analysts are split about whether the moves will result in real lower prices for consumers.
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By David Morrison |
April 12, 2010
A bill that has passed the state Senate in Vermont that would allow that state's merchants to begin setting minimum purchases for the use of credit and debit cards has drawn praise from retail groups and a lobbying push from the state's credit unions.