Customers Say Retailers Are Not Living Up to Durbin Amendment Promise

Consumerism Commentary | February 22, 2012

“If you’ve been shopping throughout the past year, particularly since October 1, 2011 when the [Durbin amendment] regulation went into effect, you probably haven’t noticed prices decreasing. In fact, I would say prices overall, from my anecdotal experience, have continued to rise. Recent research confirms this suspicion, to the tune of a 1.7% increase across a list of common items.”

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