Two-sided payment card markets generate costs that have to be distributed among the participating actors. For this purpose, payment card networks set an interchange fee, which is the fee paid by the merchant's bank to the cardholder's bank per transaction. While in recent years many antitrust...

Two-sided payment card markets generate costs that have to be distributed among the participating actors. For this purpose, payment card networks set an interchange fee, which is the fee paid by the merchant's bank to the cardholder's bank per transaction. While in recent years many antitrust...

Italian Abstract: L'autore traccia una linea divisoria tra il concetto di "riforme strutturali" in Sylos Labini e l'approccio attuale, focalizzandosi sulla diversa connotazione dei "vincoli" e su tre concetti chiave: solidarietà, relazione stato-mercato e potere. Testo del discorso tenuto alla...