> the world's biggest payments network, saying it propped up an illegal monopoly... | Hacker News

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		mu53 10 months ago \| parent \| context \| favorite \| on: DOJ accuses Visa of monopoly that affects price of... > the world's biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing "exclusionary" agreements on partners and smothering upstart firms. Is it the size of the US or the exclusionary agreements? I think without these agreements new payment systems would proliferate faster

dartos 10 months ago [–]

The size allows for these kinds of cartels.

The size of the us also allows PR organizations (paid for by these cartels) to influence both voters and law makers all the time.

It’s called “lobbying.”

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