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Acquired

Visa

6078.212 - 6099.317 David Rosenthal

Nobody is ever going to develop a new competing open loop payment network because now there's no more competitive vector between Visa and MasterCard. We'll all have the same features. Banks will be members of both. They're kind of going to operate in lockstep. The prices should be identical for both. All this stuff. And the DOJ is like, no, no, no, no, we're going to do it anyway.

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