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Canada May Hold The Key To Regulating The Global Payments Industry

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Dry as the subject may seem, for the people of the UK, their government’s decisions on this subject could have far-reaching consequences: when similar provisions were enacted in the United States, the law of unintended consequences meant that, by one calculation, between $1 billion and $3 billion has been transferred annually from households to big retailers and their shareholders. In the UK and in other legislatures across the globe the question is, could the same happen here?

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