The #Biden Administration once again writes rules that turn monopolies into competitive markets. This time: banks.

Switching costs are real. And now quantified for banking.

Reminder: monopolists and oligarchs pay lip service to “competition.” That’s why they are suing to stop this final reg.

From @pluralistic

https://pluralistic.net/2024/11/01/bankshot/

Also
https://www.eff.org/deeplinks/2024/10/no-matter-what-bank-says-its-your-money-your-data-and-your-choice

#competition
#Election2024
#USPolitics
#finance
#harris