The attempt by some banks to impose debit card charges might violate the anti-trust law, as the banks and the associations might be acting in collusion. http://money.cnn.com/2011/11/22/news/economy/banks_antitrust_review/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
In Singapore, we have the Competition Law, which has similar functions to the anti-trust law in America. I hope that our regulators will also look at the practices of banks, telcos and airlines in Singapore - as they are likely to follow the practices in America.
In Singapore, we have the Competition Law, which has similar functions to the anti-trust law in America. I hope that our regulators will also look at the practices of banks, telcos and airlines in Singapore - as they are likely to follow the practices in America.
:.
0 comments:
Post a Comment