Legislation to cap fees.

The European Union caps consumer card interchange fees at 0.2% for debit cards and 0.3% for credit cards

6 hours ago | parent | next [-]

[deleted]

jerlam 5 hours ago | parent | prev | next [-]

And the US already capped debit card fees back in 2010:

This is explicitly about credit card fees.

	▲	zeroonetwothree 3 hours ago \| parent [-]
		Not for all banks

criddell 6 hours ago | parent | prev [-]

Can the courts cap fees? I thought that would have to be something congress does.

	▲	mahboi 5 hours ago \| parent \| next [-]
		Right. All the courts can do is use the high fees as evidence of monopoly.
	▲	486sx33 5 hours ago \| parent \| prev [-]
		[dead]