This case is a joke, right? “rates above what a competitive market would allow”? If you don't like the MasterCard and Visa fees, the % rate of which is negotiated by Google with its acquiring retail banker, and most of which goes to the card-issuing bank at the other end of a transaction to cover the risk, then don’t accept payments via a credit card. …

The simple way for the credit card companies to resolve this matter is to have Google’s acquiring banker withdraw Google’s credit card merchant account; after all, Google is not even a real “merchant”, just another blood sucking parasite, like eBay’s “PreyPal”, that does little more than ride on the back of the banks’ existing payment systems …

Google always has had the option of taking their business elsewhere. After all, there is now an alternative virtually fee-free system of payment processing in the wind, and it’s called “CurrentC”, from the MCX consortium—LOL …

Then, there’s always eBay’s “PreyPal”—“the faster, safer way to pay online”—LOL …