All posts tagged "Monopoly"
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Evertec Hearings Place Focus on Electronic Processing Fees
Business Groups Call for More Oversight A Puerto Rico legislative probe into Evertec, an electronic transaction-processing firm, has centered around allegations that the San Juan-based company represents a monopoly in the island’s transactions, and affects local small...
- Posted February 5, 2016
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The Dangers of an Evertec Monopoly
Analyzing Puerto Rico’s ATM Network In the late afternoon of Jan. 9, during the tail-end of the holiday shopping season and the beginning of back-to-school sales for the new semester, most of Puerto Rico’s debit system stopped...
- Posted January 28, 2016
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Evertec Inquiry Poses Important Questions
‘Twas three days after Reyes and all through the ATH network, not a creature was stirring, not even a mouse. In fact, it was the late afternoon of Jan. 9—from around 5 p.m. to 7 p.m.—when Puerto Rico’s debit system came to...
- Posted January 28, 2016