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The Nexus
BUSINESSJun 4 · 18:00 UTCTHE HILLDoug Kantor, opinion contributor

State laws provide relief, but nationwide credit card competition is the answer

The Credit Card Competition Act (CCCA) is proposed to end Visa and Mastercard's monopoly on credit card swipe fees, which cost American families an additional $1,200 annually. The act aims to foster competition in the credit card industry.

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