Debit card price controls may help businesses, but hurt consumers

The Hill | January 14, 2011

“So what do Americans gain from these new rules? As with many micro-managing regulations these days, precious little. Despite their assurances to the press and politicians who helped them, retailers need not pass along the savings they lobbied for in Washington to consumers back home. As a result, we’re not likely to pay less for groceries, clothing or household goods.”

Leave a Reply

Your email address will not be published. Required fields are marked *