Market Power and Efficiency in Card Payment Systems: A Comment

  • Cabral L
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Abstract

In this short comment, I provide my views on "Market Power and Efficiency in Card Payment Systems" (published in this issue) that was presented at the Antitrust Activity in Card-Based Payment Systems: Causes and Consequences conference, and more generally on the ideas introduced by Rochet and Tirole's work on payment systems.

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Cabral, L. M. B. (2009). Market Power and Efficiency in Card Payment Systems: A Comment. Review of Network Economics, 5(1). https://doi.org/10.2202/1446-9022.1086

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