Dave Mark wrote on Loop Insight about CurrentC and antitrust implications.
Quoting from Reuters:
Antitrust experts said CVS and Rite Aid have the right to drop a vendor if they believe they can save money by going around the credit card companies and Apple, both of which will take a piece of the action.
But they could run into antitrust trouble if they coordinated on dropping Apple Pay and Google Wallet or if someone else, perhaps a person working with CurrentC, organized their decision to drop Apple and Google’s payment services.
“If I was a regulator, I would want to take a look at that,” said Peter Carstensen, who teaches antitrust at the University of Wisconsin Law School.
Dave asks the questions that I’m asking as well:
But is that what happened here? What caused them both to drop Apple Pay? Was it a contractual requirement? Was there an email that went out from MCX to the exchange merchants laying out some rule requiring them to block Apple Pay?