Re:Goodbye Visa and Mastercard: 130M Europeans switching to ...
by brnt on Wednesday May 20, 2026 @04:09PM
(#48213395)
American consumers have no democratic control of that duopoly either.
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Re:Goodbye Visa and Mastercard: 130M Europeans switching to ...
by lobocinza on Wednesday May 20, 2026 @09:18PM
(#48216592)
To be fair both are publicly traded and owning shares would give you voting rights.
Re:Goodbye Visa and Mastercard: 130M Europeans switching to ...
by brnt on Thursday May 21, 2026 @02:42AM
(#48218767)
Point is: traded companies function like a democracy in which money is a vote, which is the opposite of democracy.
Re:Goodbye Visa and Mastercard: 130M Europeans switching to ...
by cuteboy19 on Saturday May 23, 2026 @04:29AM
(#48245884)
this doesn’t sound reassuring. there is not a nationality test on buying shares
Re:Goodbye Visa and Mastercard: 130M Europeans switching to ...
by dismalaf on Thursday May 21, 2026 @09:42AM
(#48222417)
They're protected by the laws of their country. Foreigners aren't. That's the point.
Americans corporations have shown they'll just pull out of countries if the law comes down on them too hard.