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Retailers, Banks Battle Over Credit Card Fees(washingtonpost.com)Search
2009-09-17 " ACongress is considering three bills that would regulate the so-called interchange fees -- which generally amount to 1 to 2 percent of a total sale and totaled $48 billion in 2008. Meanwhile, the Government Accountability Office is doing a study of the fees, as required by a law signed by President Obama in May that bans many unfair credit card industry practices."
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