On: Anatomy of a credit card rewards program

[abalone]

Also true for Australia! When they regulated interchange, merchants did not pass the savings on to consumers.[1]

[1] https://laweconcenter.org/resources/the-effects-of-price-con...

[eltondegeneres → abalone]

That think tank is funded[1] by the anti-regulation Charles Koch Institute and the article should be read with that in mind.

[1]: https://www.influencewatch.org/non-profit/international-poli...

[scarface_74 → eltondegeneres]

That may be true. But do you in your heart of hearts think that companies are going to pass those savings on to consumers?