Description: Both merchants and banks balk at a Federal Reserve compromise on fees that businesses pay financial institutions

Source: Businessweek.com
 
Date: 07/07/2011

Link:  http://www.businessweek.com/magazine/sniping-at-charges-for-swiping-debt-cards-07072011.html

Questions for discussion: 

• Summarize the key points made in the report.
• Do you agree or disagree with the decision?
• Who should set price for these services?
• What are the consequences for the economy, small businesses and consumers?