Approaches to Regulating Interchange Fees in Payment Systems [PDF]
Review of Network Economics, 2003 Significant attention worldwide has been paid to the regulation of credit card interchange fees. In part, this attention has followed concerns expressed about the level of these fees in Europe, the U.S. and Australia. The Reserve Bank of Australia recently conducted an extensive inquiry into the interchange fees associated with credit cards and has ...
Joshua S Gans, Stephen P. King
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The Condition of Fault in Private Enforcement of Competition Law – a Comparative Analysis of U.S. v. Polish and European Approach [PDF]
Yearbook of Antitrust and Regulatory Studies, 2020 The purpose of the Polish Act on Claims for Damages for Remedying the Damage Caused by Infringements of Competition Law, based on and implementing EU law – the Damages Directive, was to enable undertakings to effectively use private enforcement of their ...
Marta Mackiewicz
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Credit card interchange fees [PDF]
Journal of Banking & Finance, 2009 We build a model of credit card pricing that explicitly takes into account credit functionality. In the model a monopoly card network always selects an interchange fee that exceeds the level that maximizes consumer surplus. If regulators only care about consumer surplus, a conservative regulatory approach is to cap interchange fees based on retailers ...
Rochet, J.-C., Wright, J.
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The European Commission’s decision on Visa’s interchange fees [PDF]
, 2005 Debit cards ; Credit ...
Bernhard Friess
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Impact of interchange fees rates on the Polish payment cards market
Copernican Journal of Finance & Accounting, 2013 The aim of this paper is to indicate the importance of the interchange fee on the payment card market in Poland and its impact on the development of the acceptance network.
Krzysztof Maciejewski
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Multilateral interchange fees in Serbia and their impact on card payment systems development [PDF]
Industrija, 2012 The establishment of policies and incentives for the issuance and card acceptance worldwide is the necessary basis for the development of card based payment instruments.
Obradović Slobodan, Tešić Dejan
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Must-Take Cards: Merchant Discounts and Avoided Costs [PDF]
, 2011 Antitrust authorities often argue that merchants cannot reasonably turn down payment cards and therefore must accept excessively high merchant discounts. The paper attempts to shed light on this “must-take cards” view from two angles.
ROCHET, Jean Charles, TIROLE, Jean
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Payment Card Systems as an Example of Two-sided Markets – a Challenge for Antitrust Authorities [PDF]
Yearbook of Antitrust and Regulatory Studies, 2009 This article aims to present the concept of two-sided markets on the example of payment card systems, which have attracted the attention of regulatory and antitrust authorities in recent years.
Katarzyna Tosza
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從法律觀點談信用卡系統之成本與效益 ― 以澳洲信用卡制度改革為例 The Cost and Efficiency of Credit Card Schemes ― A Comparative Study on the Australian Regulatory Reform for Credit Card [PDF]
Kējì Fǎxué Pínglùn, 2006 隨信用卡使用之廣泛與普及，有關競爭法問題也漸受重視。本文擬就其中與成本定價相關之二大議題進行討論，其一為交換費用（Interchange fees）之制訂與衍生相關競爭法議題，其二為禁止特約商店額外收取信用卡使用費（no surcharge rule）之適法性討論，及其分別對經濟體付款制度之影響。 本文主要以澳洲政府近年來有關信用卡支付系統之改革為主要範本，旁及美國、歐盟等檢討現況，並進一步再就相關問題提出個人分析與評論。交換費用之聯合制訂有其必要性，由廠商分別締約反有礙信用卡作業效率 ...
林育廷 Yu-Ting Lin
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The very relevant market.Case comment to the judgment of the Court of Appeals in Warsaw of 22 April 2010 – Interchange fee(Ref. No. VI ACa 607/09) [PDF]
Yearbook of Antitrust and Regulatory Studies, 2011 Although almost five years have gone by since the issue of the first decision of the President of the Polish Office for Competition and Consumer Protection (in Polish: Urząd Ochrony Konkurencji i Konsumentów; hereafter, UOKIK) regarding multilateral ...
Katarzyna Tosza
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