The ban is set to save consumers a collective $1.6 billion a year.
  • osanna@lemmy.vgEnglish
    3·
    2 months ago

    nice! I love when the government does good shit, but then they do shit like the under 16 social media ban, and I wonder what the fuck they’re smoking.

    • FreedomAdvocateEnglish
      31·
      2 months ago

      This is good on paper, but all it means is retailers will add the fee on to the price, increasing prices across the board.

        • FreedomAdvocateEnglish
          2·
          2 months ago

          Bingo - and even for people who pay cash who previously wouldn’t have to pay a surcharge.

      • cdzero@lemmy.mlEnglish
        2·
        2 months ago

        The fee incurred by the merchant will also be reduced by way of the bank’s fee to them being capped.

        • FreedomAdvocateEnglish
          2·
          2 months ago

          Sure, but any merchant fee will just be added on to the price of products now, so everything will be priced higher.

      • osanna@lemmy.vgEnglish
        2·
        2 months ago

        that’s true. When they pass things like this, the expectation is prices will go down. Prices never go down. it just means the retailers will get more of the profits :/

        LINE MUST GO UP!

        • FreedomAdvocateEnglish
          2·
          2 months ago

          And the government knows prices will go up, and they’re happy cause they make more money in tax.