Visa, Mastercard, and Electronic Collusion in Payments Markets with Carter Dougherty

Tue, Jun 30, 2026 | 11:00 am ET

The Capitol Forum will host a conference call with Carter Dougherty, Senior Fellow for Antimonopoly and Finance at Demand Progress, to discuss his recent article for The Sling, “Visa and Mastercard: The Original Gangsters of Electronic Collusion.”

For assistance, contact: events@tcfpress.com.

The discussion topics will include:

Similarities between Visa and Mastercard’s payment network practices and the RealPage lawsuits
Lessons from Carter’s time reporting on credit card companies and banks
Indications that the payments market may not be meaningfully competitive
The role large banks play in facilitating the Visa and Mastercard duopoly
How swipe fees affect merchants and consumers

Guest Bio:

Carter Dougherty is Senior Fellow for Antimonopoly and Finance at Demand Progress. Previously, he served as Communications Director at Americans for Financial Reform and reported on financial markets, banking, and economic policy for The New York Times and Bloomberg. He is the co-author, with Nobel Prize-winning economist Joseph Stiglitz, of People, Power, and Profits: Progressive Capitalism for an Age of Discontent. His work focuses on competition, finance, and the role of concentrated economic power in modern markets.

Speakers:

Carter Dougherty

Senior Fellow for Antimonopoly and Finance at Demand Progress

Your Host Teddy Downey

Executive Editor at The Capitol Forum

Reserve your spot today!