Description: Canada’s competition tribunal rules that the fess which Visa and MasterCard charge retailers will remain and retailers do not have a choice to pick which cards they take.
Date: July 23 2013
Video Link: http://www.cbc.ca/player/News/Business/ID/2397869057/?page=2
Questions for Discussion:
- Should Visa and MasterCard be allowed to charge fees from retailers?
- Should retailers have a choice on which credit cards to accept?
- Why do you think credit card companies don’t want consumers to see the fees they charge retailers?