Business
Credit card competition legislation proposed
Senators are pushing for the Credit Card Competition Act to end Visa and Mastercard's monopoly on credit card swipe fees, which cost Americans an extra $1,200 per family annually.
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The Hill
The Credit Card Competition Act (CCCA) is needed to end Visa and Mastercard's monopoly on credit card swipe fees, which cost Americans an extra $1,200 per family every year, and to create competition in the credit card industry.
2026-06-04 18:00 UTC