tag:blogger.com,1999:blog-678695784698978970.post968947714961271011..comments2024-03-24T07:05:18.668-04:00Comments on Commercial Law: Credit Card Fair Fee ActJim Chenhttp://www.blogger.com/profile/13981455878475838042noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-678695784698978970.post-55611512539177498542008-08-20T18:51:00.000-04:002008-08-20T18:51:00.000-04:00Three questions on this:1. How does the independa...Three questions on this:<BR/>1. How does the independant bargaining for banks that have over 5% of the issuing volume work with fact that acquirers and issuers still work independantly, even if they are owned by the same bank? <BR/><BR/>2. Could this cause such banks as Chase or Bank of America to begin to leverage their dominance in the issuing and acquiring businesses by creating their own networks? <BR/><BR/>3. The other question is does allowing a dishonoring of an individual issuing bank create a regulatory taking of Visa and MasterCard by destroying their brand and making their systems useless?uoflcaseyhttps://www.blogger.com/profile/00304338048177782287noreply@blogger.com