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It wasn't long ago when people lamented the destruction of small businesses by big box stores. That sentiment seems to have gone into history with a new law, The Big Box Bill. This past week, big-box retailers led by Walmart and Target were successful in getting Senators Dick Durbin (D-IL), Rog
Walmart and other big-box retailers want to enjoy the many benefits of accepting credit cards without having to pay for that privilege.
Visa and Mastercard network fees are ‘part of problem’ as consumers face rising prices, lawmakers say. A bipartisan bill aimed at increasing competition in the Visa- and Mastercard-dominated credit card processing network is gaining momentum in Washington as companies take sides on whether it will ultimately help cut consumer and merchant costs.The bill, the Credit Card Competition Act, seeks to increase industry competition by requiring credit card-issuing banks with assets over $100 billion to
Walmart may not have become the nation's largest retailer by playing fair. Some say the company has a long history of strong-arming suppliers and crushing mom-and-pop shops.
The CUNA-League system continues to fight against the Big Box Bill, heading off misguided and ill-informed arguments in favor of telling policymakers the