US Interchange Fees - A Look at Kendall v. Visa U.S.A.
On the Credit Slips blog, Adam Levitin reacts to yesterday's Wall St. Journal editorial about the Credit Card Fair Fee Act. His stepping off point is the editorial's reference to the recent US Court of Appeals for the Ninth Circuit court decision in the Kendall v. Visa U.S.A. litigation 
. Levitin concludes: "Like with WSJ, I’m all for a market solution to excessively high interchange fees. But I’m doubtful that the market will solve the problem if left solely to its own devices. Court or legislative intervention is necessary."
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