Competitive Enterprise Institute

Illinois is testing a new approach to interchange fee regulation. CEI's Steve Swedberg argues the likely outcome is more paperwork, more compliance costs, and fewer benefits for consumers and small businesses.

Report: Government limit on credit card interchange fees undermines consumers, small businesses - Competitive Enterprise Institute A new Competitive Enterprise Institute report examines an Illinois law that will limit credit card interchange fees paid by merchants to the banks and credit unions that issue such cards. The report argues that the Illinois Interchange Fee Prohibition A...