The case for why Google should be regulated as a public utility

Re:The case for why Google should be regulated as a public u... by xadhominemx on Tuesday August 11, 2020 @05:30PM (#24126207)

Banks basically break even on interchange after paying out awards and security costs and then the merchant acquirer + network get like .2% - 1% depending on the size of the merchant. V/M is one of the most benign duopolies out there.

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Re:The case for why Google should be regulated as a public u... by fl0wenol on Wednesday August 12, 2020 @05:46PM (#24137376)

I mean, if it wasn't I guarantee some fintech company would come out of the woodwork to disrupt it because the potential upside is huge once you scale.

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