They had a stack of papers in front of them, which was part of the contract and agreement for the interchange fee, but not the complete agreement. They Retailers were frustrated because they had no control whatsoever in terms of what Visa and MasterCard were going to charge. I took an interest in it and asked Chairman Specter at the time, is the Senate Judiciary Committee going to do something? (01:28–01:36)
CLAIM
Asserts that retailers lack control over fees charged by Visa and MasterCard.
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