Shabgard, Bita; Asensio, Javier - In: SERIEs : Journal of the Spanish Economic Association 14 (2023) 2, pp. 189-221
In this paper we empirically address the issue of whether reductions in card payment interchange fees have a significant impact on prices paid by consumers. The answer to this question is at the core of most competition policy cases and regulations that have been applied to card payment markets....