The Credit Card Competition Act Brings New Challenges To Consumers And Investors
As both consumers and investors try to navigate the challenging market conditions against the backdrop of a wounded post-pandemic economy still in recovery, new legislation imposed by the federal government could bring sweeping changes to the credit card processing network market. Q2 2022 hedge fund letters, conferences and more The idea behind CCC would see some of the market's biggest players such as Visa (NYSE:V) and Mastercard (NYSE:MA) share the space with smaller credit card companies, which could result in lower swipe fees for merchants and minimize the cost burden on consumers. Recent ...