The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
Antitrust Activity in Card-Based Payment Systems: Causes and Consequences
September 15 and 16, 2005
A conference jointly sponsored by the Federal Reserve Bank of New York and the Review of Network Economics
Overview In recent years, credit and debit card systems have been the focus of significant antitrust inquiries and actions. Card-based payment businesses in Asia, Australia, Europe, and North America have been investigated for their methods of determining interchange fees, exclusivity arrangements, no-surcharge rules, honor-all-cards rules, membership requirements, and governance policies. Antitrust activity worldwide has many similarities, such as a focus on interchange fees, and many differences, such as exclusivity rules in one country and no-surcharge rules in another. In addition, antitrust efforts directed at debit card and credit card systems show similarities and differences. This conference's focus is two-pronged: to present research on the cause and on the effects of antitrust actions. The organizers of the conference hope to address the need for better information on the efficacy of the different remedies mandated by the courts worldwide.
Registration Conference Registration is now closed.
Conference Location The conference will be held from 8:30 a.m. to 5:00 p.m. between September 15 and 16, 2005 at the Federal Reserve Bank of New York's 12th Floor Conference Center, 33 Liberty St, New York, NY.
More Information Please contact James McAndrews at firstname.lastname@example.org if you have any questions or need assistance registering.