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A comment on The case for why Google should be regulated as a public utility. Parent comment

Re:The case for why Google should be regulated as a public u... by hirundo on Tuesday August 11, 2020 @11:54AM (#24121735)
Unregulated?! IMO they are heavily regulated. I can understand believing that they are under regulated, but they are hardly unregulated.

E.g. https://www.fdic.gov/regulations/laws/rules/6500-2260.html https://www.creditcards.com/credit-card-news/help/card-act-1... https://blog.payjunction.com/credit-card-processing-regulato...

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Re:The case for why Google should be regulated as a public u... by tempsy on Tuesday August 11, 2020 @11:59AM (#24121812)
every industry is regulated to a certain degree, but categorizing an industry as a utility is a step change difference.

in the US we do not regulate interchange fees except via Durbin Amendment (only passed 10 years ago) which regulates debit interchange for large banks only. this is totally different from Europe where interchange is heavily regulated.

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