Midya's Weblog

Swipe fees and market failures

This is an interesting article and concept. What I want to ask here is what is this idea of ‘market falures’? Are situations like this the market failing? If not, what are they? Isn’t the market just doing what it does given certain restrictions? This is probably not a matter of markets failing as government policy failing or not enough time given for competition to take hold. I’m just saying.

In Broken Market, ‘Swipe’ Fees Must Be Regulated



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s


This entry was posted on July 20, 2011 by in Uncategorized.
%d bloggers like this: