The extent to which merchants pass along savings on interchange to consumers in the form of price reductions or other benefits proved to be a central issue on this panel, along with the distinction between regulatory goals and competition perspective on interchange fees.
Abel Mateus focused on the waterbed effect and concluded that consumers would end up paying more money in many European countries as the higher fees charged by banks would not be counterbalanced by price reductions from merchants.
Marianne Verdier noted that there was too much emphasis on price effects and concentrated on the impact on non-price dimensions of competition such as fraud risk and improvements in quality.
Finally, Frank Maier-Rigaud examined the different methods of regulating interchange fees in the context of the Commission’s case against MasterCard.
View the panel discussion here.
Featured News
College Sports Leaders in Intensive Talks to Settle NIL Antitrust Case Against NCAA
Apr 30, 2024 by
CPI
EU Investigates Facebook’s and Instagram’s Handling of Disinformation Ahead of Elections
Apr 30, 2024 by
CPI
Antitrust Lawsuit Targets Hotel Giants for Alleged Price Fixing with AI
Apr 30, 2024 by
CPI
ABA Seeks to Join FTC Lawsuit Against Amazon Over Antitrust Concerns
Apr 30, 2024 by
CPI
Google Agrees to Pay News Corp for AI-Related Content
Apr 30, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI