Acquired
Visa
David Rosenthal
Yep. So this comes to be kind of post-depression in the 1930s, 1940s in the U.S. And this really is starting to sound a lot like Visa, except, as you point out, Ben, there is a problem here. As the size of any given network of retailers that are collaborating on this grows, so does the intensity of competition within that network.
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