Search

Home > The New Zealand Initiative > Regulating credit card interchange fees
Podcast: The New Zealand Initiative
Episode:

Regulating credit card interchange fees

Category: News & Politics
Duration: 00:37:44
Publish Date: 2025-04-23 01:01:14
Description: In this episode, Eric discusses credit card interchange fees with NERA's James Mellsop, who argues that the Commerce Commission's proposed regulation capping these fees could harm competition and innovation despite aiming to benefit consumers. They express concern that the Commission's narrow focus on allocative efficiency overlooks the dynamic benefits of interchange fees in financing innovation and new market entrants, potentially undermining the Commission's own goals of increasing competition in the banking sector.
Total Play: 0