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Academic Articles Awards > General Antitrust

Antitrust and the Evolving U.S. Payments Marketplace

Richard S. Taffet, Concurrences Law Review, 2016

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Nonetheless, in some respects, payment systems in the United States are lagging behind those in other parts of the world by not yet offering the type of ubiquitous, fast, and secure capabilities consumers are demanding. Indeed, several countries around the world have already transitioned to, or are in the process of implementing ubiquitous faster payment systems; the same has not yet occurred in the U.S. Catching up has been recognized as a necessity to “help maintain [the U.S. payment system’s] global competitiveness...

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