Monthly Archive for: ‘July, 2018’

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Supreme Court Decision Keeps Consumers in the Dark

A bedrock principle of classic micro-economic theory is that rational consumers will make better decisions when they have access to all the information that affects a transaction in a given market.  But in a head-snapping decision in favor of American Express, a 5-4 majority on the Supreme Court ruled that consumers would be better off if they were not exposed …

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