2014Antitrust chronicleRequires access

How the Proposed Payments Legislation Will Restrain Competition Among Payment Card Schemes and Harm Consumers in the European Union

David Evans

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Abstract

If adopted in the current form, [the payment legislation] will reduce competition among payment systems in the EU, impede the entry of new schemes, weaken innovation, and decrease consumer choice. David S. Evans (Global Economics Group, Univ. of Chicago)

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If adopted in the current form, [the payment legislation] will reduce competition among payment systems in the EU, impede the entry of new schemes, weaken innovation, and decrease consumer choice. David S. Evans (Global Economics Group, Univ. of Chicago)

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Available abstract

If adopted in the current form, [the payment legislation] will reduce competition among payment systems in the EU, impede the entry of new schemes, weaken innovation, and decrease consumer choice. David S. Evans (Global Economics Group, Univ. of Chicago)

Key concepts: Legislation, Payment, Competition (biology), Payment card, Harm, European union, Business, Payment service provider

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