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A private ordering regime has developed within the payment card industry to define appropriate security practices and to monitor compliance by network participants. Market demands for trustworthy systems upon which consumers and merchants could rely provide incentives for security, which the...
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on the structure of competition in the credit card industry. Potential reasons for the lack of competitions are denoted … cost of fund. This result indicates that Turkish credit card market is characterized with lack of strong competition and …
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in April 2014 will harm competition, innovation, and consumers if broadly endorsed by the European Council in the coming … months. The interchange fee price caps will soften competition between MasterCard and Visa, the global four-party bankcard … an important source of competition. The proposed legislation impairs the ability of these smaller three-party systems to …
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