Birdwatch Note
2025-01-12 13:45:04 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING
The Credit Card Competition Act is an anti-monopoly bill that encourages payment processing companies like Visa and Mastercard to allow smaller companies to compete. It only targets processors with $100B in transactions and only forces the existence of other options, not use. https://www.congress.gov/bill/118th-congress/senate-bill/1838
Written by 2DFC103AF01B2A2D06A9617A1A3E6075E755DC8247B3F5F8FB6CE3CC858399A7
Participant Details
Original Tweet
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All Information
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- noteAuthorParticipantId - 2DFC103AF01B2A2D06A9617A1A3E6075E755DC8247B3F5F8FB6CE3CC858399A7 Participant Details
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- tweetId - 1876997049570464084
- classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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- summary
- The Credit Card Competition Act is an anti-monopoly bill that encourages payment processing companies like Visa and Mastercard to allow smaller companies to compete. It only targets processors with $100B in transactions and only forces the existence of other options, not use. https://www.congress.gov/bill/118th-congress/senate-bill/1838