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How Nike Shoes Got Lame

Slate Money

CHAPTER

Visa's Dominance in Debit Cards

This chapter explores Visa's significant market share in the debit card sector, revealing its monopoly status and the implications for consumers and competition. It discusses the complexities of Visa's processing system, the impact of legislation like the Durbin Amendment, and the U.S. government's antitrust approach to addressing market inefficiencies.

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