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by splaytreemap 2016 days ago
The fact that there are only two significant payment processors, and they act in lockstep to deny service to minority groups is a way bigger monopoly threat than Facebook owning both Instagram and WhatsApp. How Visa and MasterCard have escaped anti-trust scrutiny is beyond me.
2 comments

Because American Express and Discover is lumped in there too? What happened to all of the other payment processors?
It’s precisely because there are two of them that they escape anti-trust lawsuits.