Emeritus Prof Christopher May on Nostr: If you want to see a duopoly at work, Mastercard & Visa (who control 95% of all ...
If you want to see a duopoly at work, Mastercard & Visa (who control 95% of all debit/credit card payments in the UK), have managed to raise their fees in real terms by over 30% in the last five years with, as the Payment Systems Regulator drily puts it. 'little evidence that the quality of service has improved at the same rate'!
Yup, that would be the sort of greedfaltion that we need to stamp on, not workers trying to regain their living standards (real pay levels).
#inflation
h/t FT
Published at
2024-05-21 21:27:38Event JSON
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