FACT Act Risk-Based Pricing Rule #534730-00002

Submission Number:
James Moore
Initiative Name:
FACT Act Risk-Based Pricing Rule
In regards to regulating the fees credit card companies like Visa and MasterCard charge for there services, I am against this regulation. Since there is not a monopoly in this sector, each card company will charge fees to remain competitive. The fees they charge are not out of line. I am sure companies like Wal-mart dictate to the card companies too. So please leave these companies alone. The real monsters are the oil companies. Maybe they should be the ones that are regulated!