The Consequences of Caps on Cross-Border Payment Fees in Costa Rica
Executive Summary Under the auspices of Legislative Decree 9831, the Central Bank of Costa Rica (BCCR) has set maximum fees for acquiring and issuing banks . . .
The Consequences of Caps on Cross-Border Payment Fees in Costa Rica
Quack Attack: De Facto Rate Regulation in Telecommunications
If it looks like a duck, walks like a duck and quacks like a duck, then it just may be a duck. —Walter Reuther Executive . . .
UK Payment System Regulator Market Reviews: Initial Concerns
Introduction The UK Payment System Regulator (PSR) is currently in the process of conducting two market reviews related to card payments. One of the two . . .
Consumer Protection in the 21st Century
Executive Summary How do we know whether an apple we buy is safe to eat; whether the pound of butter on sale is really a . . .
The FTC’s UMC Policy Statement: Untethered from Consumer Welfare and the Rule of Reason
On Nov. 10, 2022, the Federal Trade Commission (FTC) issued a new policy statement regarding the scope of “unfair methods of competition” (UMC) under Section 5 of the FTC Act. The new statement fills the gap left by the Commission’s July 2021 rescission of its 2015 policy statement.
The Income Conundrum: Intent and Effects Analysis of Digital Discrimination
Section 60506 of the Infrastructure Investment and Jobs Act (“IIJA”)—signed by President Joe Biden on Nov. 15, 2021—requires the Federal Communications Commission (“FCC”) to adopt final rules facilitating equal access to broadband Internet.
Lessons for the US from Germany’s Sectoral-Bargaining Experience
Introduction Over the past few years, several pundits and politicians have proposed introduction of German-style “sectoral bargaining” in the United States. In such a system, . . .
A Worthy Import?: Examining the Advantages and Disadvantages of Sectoral Collective Bargaining in Germany
There is currently no formal legal mechanism by which to form sectoral collective-bargaining agreements in the United States. However, a political debate is now underway about whether this should change, with a specific focus on the hospitality industry and the so-called “gig” economy.
Guiding Principles & Legislative Checklist for Broadband Subsidies
President Joe Biden in November 2021 signed the Infrastructure Investment and Jobs Act. Among other provisions, the law allocated $42.45 billion toward last-mile broadband development, . . .