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Legal Commentary
: The Volokh ConspiracyThe Flawed Antitrust Economics of the Durbin Price Control Amendment:
By Todd Zywicki
Josh Wright and I have a column in today?s Washington Times critiquing the economics of the Durbin interchange fees price control amendment. There are some interesting theoretical arguments about interchange fees (and very little empirical arguments). The argument that the market is a ?duopoly? that exploits merchants, however, is not one of them.
Full post as published by The Volokh Conspiracy on June 18, 2010 (boomark / email).
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