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The outcome will provide a test of the power of efficiency arguments in merger cases. Howard Chang, David S. Evans, & Richard Schmalensee (Global Economics Group)
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Our analysis has important implications for banking regulators and competition authorities around the world that are looking into interchange fees for debit and credit cards. David S. Evans (Univ. of Chicago, UCL), Robert E. Litan (Kaufmann Foundation), & Richard Schmalensee (MIT).
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This paper provides a brief introduction to the economics of two-sided platforms and the implications for antitrust analysis.
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Our analysis has important implications for banking regulators and competition authorities around the world that are looking into interchange fees for debit and credit cards. David S. Evans (Univ. of Chicago, UCL), Robert E. Litan (Kaufmann Foundation), & Richard Schmalensee (MIT).
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