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Competitiveness

Competitiveness

Leveling the playing field against big 바카라 필승법es’ anticompetitive practices

Credit Card Competition

Small 바카라 필승법 owners operate on thin profit margins, which have been increasingly cut into in recent years as credit card “swipe fees” have increased. Small 바카라 필승법es do not have the market power to negotiate with large credit card companies on “swipe fees,” so legislation in Congress is seeking to introduce crucial competition into the market.

Swipe fees have more than doubled since 2012 and the problem has been exacerbated by pervasively high inflation, which acts as a multiplier as swipe fees are a percentage of each sale.  that will harness the power of competition to give small 바카라 필승법 owners real choices when it comes to credit card processing networks. In an 바카라 하는법 member ballot, 92% of 바카라 하는법 members believe small 바카라 필승법 owners should have the right to choose among multiple credit card processing networks.

Two identical pieces of legislation were introduced in the U.S. House of Representatives and the U.S. Senate that would promote the freedom of choice and allow small 바카라 필승법es the ability to choose between at least two credit card network options to process transactions. 바카라 하는법 wrote letters of support to the House and Senate for  and  in the previous Congress and will submit new letters of support when the bills are re-introduced this Congress.

A recent credit card anti-trust settlement where Visa recognized their anti-competitive practices have caused ‘true pain points small 바카라 필승법es have identified’ was a step in the right direction. Learn more about the settlement and the impact of the House and Senate bills if Congress moves forward.

Your Chance to Influence

Support Credit Card Competition, Lower Swipe Fees
Act now and urge your elected officials to support the Credit Card Competition Act
Right to Repair
Take action now to ask your representatives to support H.R. 1566, the REPAIR (Right to Equitable and Professional Auto Industry Repair) Act, which would stop this anticompetitive behavior!
Virtual Briefing

Big Tech Antitrust and Anti-Competitiveness

Small 바카라 필승법 owners discuss harmful practices that enrich Big Tech and cut small 바카라 필승법 competition

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