Before reform, Visa and MasterCard price-fixed this "swipe fee" for their member banks.
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On the bright side, less than two months after Rapid7 reported the flaw, Fisher Price fixed the bug.
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In effect, standard variable rate customers are cross-subsidising cheaper tariffs for customers on fixed-price fixed-term contracts.
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An increase in costs for price-fixed goods would stimulate output and ease shortages in the next month, he added.
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Discounted fixed-price fixed-term contracts are designed to attract new business, or prevent defections, while the standard variable rate tariffs exploit customer inertia.
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They use that power to quash competitors so they remain free to set the price-fixed "swipe fees" their banks charge merchants and consumers.
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Visa and MasterCard, the two biggest card companies, dominate the U.S. payments market, and in the past they price fixed exorbitant debit swipe fees.
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Word that no price-fixed food - only diapers, detergent and deodorant - would be on offer this particular morning spreads quickly, further deflating and frustrating the crowd.
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The association's strict prohibition on campus athletes receiving any compensation beyond the price-fixed value of their athletic scholarships applies equally to players of every color.
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For more than four years price-fixed interchange fees have enabled retailers to enjoy an extra $36 billion in revenue under the Durbin Amendment—at the expense of customers.
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With the official dollar price fixed, Libyans with access to dollars at that rate have been able to make huge profits on the informal market, some through fraudulent import schemes.
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Because the card companies don't compete on their processing costs and the banks don't compete on their swipe costs, these price-fixed fees amount to more than $22019 billion a year.
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Tighter margins for retailers mean they are forced to raise prices to at least partially cover the exorbitant cost of price-fixed swipe fees and, most critically, keep their doors open.
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The current system mostly involves offering fixed-price, fixed-term tariffs at a steep discount, while the bulk of customers remain on, or default back to, a higher "standard variable rate" tariff.
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But if exporters win volumes at levels below the cost, insurance and freight (CIF) reference price fixed by the Coffee and Cocoa Council (CCC), the regulator is on the hook for the difference.
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If you're in a relationship, it's just one more holiday (and so soon after the actual winter holidays!) in which gifts are possibly expected, and pricy plans are pushed upon by every suddenly price-fixed restaurant in town.
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Graduate transfers shouldn't be bogged down with extra rules and restrictions, nor see their options chilled and limited because some coach somewhere wants an extra hammer to hold over his price-fixed workforce; to the contrary, undergraduate transfers should be just as free to play immediately, the same as any walk-on student would be.
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Couple that with a low-cost, price-fixed labor force and ever-rising television revenue, and it's not surprising that coach and administrator salaries climb to previously unfathomable heights; that major athletic department staffing levels can rival those of the White House; that Harbaugh would have a $50,000-plus office bathroom installed while coaching at Stanford; that a Big Ten football power ends up mildly stimulating Australia's tourist economy.
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Interest rate models can be used to price fixed income products. They are usually divided into one-factor models and multi- factor assets.
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The five participating banks are market makers.How is the price fixed? - London Gold Fixing They may have gold orders on their own behalf (proprietary trading), their clients' behalf (brokerage), or frequently some of each. Client orders will generally be limit orders.
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The slave ayuey had to work three days for his master and one day for himself. His wife also served the master. In case of sale or indemnity for his death, the price fixed was two taels of gold, or twelve pesos. His master had to furnish him food and clothing.
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Stock options give employees the right to buy a number of shares at a price fixed at grant for a defined number of years into the future. Options, and all the plans listed below, can be given to any employee under whatever rules the company creates, with limited exceptions in various countries.
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The Air Force Systems Command’s Electronic Systems Division awarded a fixed-price, fixed-quantity contract to Honeywell Information Systems, Inc. for 46 million dollars on 15 October 1971. The contract included 35 Honeywell 6000 series systems, some having multiple processors. System models from the H-6060 through the H-6080 were acquired.
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The Gautrain management agency CEO, Jack van der Merwe, has subsequently denied this, stating that the project is a fixed-price, fixed-scope and fixed-period contract, and that the price will only increase if the consumer price index increased above the South African Reserve Bank's prediction, if the Gauteng Province were in breach of contract, or if the project's scope were to change.
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Pliny the Elder described the mines this way: > Nothing is more carefully guarded. It is forbidden to break up or refine the > cinnabar on the spot. They send it to Rome in its natural condition, under > seal, to the extent of some ten thousand pounds a year. The sales price is > fixed by law to keep it from becoming impossibly expensive, and the price > fixed is seventy sesterces a pound.
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The earnest money was considered only as evidence of the contract. There must be a price fixed and certain for every sale, and this price must consist of a sum of money. Observations on the above: (1) A sale of a thing at a price to be fixed by a third person is valid if the person does fix a price. (2) The price must be in money otherwise the contract is one of permutatio.
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The 1923 Kaufman Act was enacted in the shadows of a far larger public debate about the future of the troubled subway system. The Brooklyn Rapid Transit Company was placed under receivership in December 1918 and was heading into liquidation. The Interborough Rapid Transit Company barely escaped bankruptcy in 1921. Post-war inflation devalued the five-cent ticket price fixed in the Dual Contracts of 1913, and the companies defaulted on their investment contracts.
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He initially rejected the extension of the border further south to the Sierra Madre Mountains. He initially insisted on reparations for the damages caused by American Indian raids, but agreed to let an international tribunal resolve this. Gadsden realized that Santa Anna needed money and passed this information along to Secretary Marcy.. Marcy and Pierce responded with new instructions. Gadsden was authorized to purchase any of six parcels of land with a price fixed for each.
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1 The New York Times. September 11, 1917 The administration had broad powers to set the price of coal at various points (mine, dock) and the cost of transportation (by rail), and in regard to end use (home, factory, or business, etc.).PRICE FIXED FOR LAKE COAL.; $6.20 to $7 for Run of Mine on Michigan and Superior October 29, 1917 Daylight Saving Time was formally adopted in the United States in 1918 by the Fuel Administration.
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Saturninus also brought in a bill, the object of which was to gain the support of the people by supplying grain at a nominal price. The bill either reduced the already cheap price fixed by the corn-law of Caius Gracchus, or was a repeal of a former Senatorial repeal of Gracchus' law, though the former is more likely.Beesely, ibid. The quaestor Quintus Servilius Caepio the Younger declared that the treasury could not stand the strain, and Saturninus' own colleagues interposed their veto.
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A company planning an IPO typically appoints a lead manager, known as a bookrunner, to help it arrive at an appropriate price at which the shares should be issued. There are two primary ways in which the price of an IPO can be determined. Either the company, with the help of its lead managers, fixes a price ("fixed price method"), or the price can be determined through analysis of confidential investor demand data compiled by the bookrunner ("book building"). Historically, many IPOs have been underpriced.
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In 1986, the Ajinomoto Group began producing Lysine in their Iowa factory of Heartland Lysine Co. U.S.A. followed by production in their Pathum Thani factory in Ajinomoto Thailand in 1986, and Bio Italia, BioPro in Italy in 1992, gradually upgrading their worldwide production bases. In the United States, competitors were also trying to increase Lysine production, resulting in pricing issues due to an overabundance of Lysine on the market. To raise prices, several companies price fixed Lysine in the 1990s. Along with Kyowa Hakko Kogyo, and Sewon America Inc.
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The Padma Oil Company Limited () formerly Burmah Eastern Limited, is a subsidiary of Bangladesh Petroleum Corporation (BPC), a statutory organization of the Government under the Ministry of Power, Energy and Mineral Resources (. It registered with the joint-stock company as a public limited company under Company Act 1913. The vision of the company is to ensure energy security in Bangladesh through the uninterrupted supply of Petroleum products at a price fixed by the Government. Additionally, Padma Oil Company seeks to increase the supply of environmentally-friendly Agrochemical products in order to stimulate nation-wide agricultural production.
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Driscoll's accusations unleashed a flood of allegations and counter- allegations by other witnesses. Shea and Albert Young accused several employers of offering bribes to strike their business competitors, and submitted evidence of previous bribes which the Teamster leaders had accepted. Thorne and the other employers countered that Shea and other union leaders had asked for bribes ranging from $20,000 to $50,000 to call off the current strike."Shea Tells of Bribery," New York Times, June 2, 1905; "Tells of Bribery Behind Strike," Chicago Daily Tribune, June 2, 1905; "Strikers' Price Fixed at $50,000," Chicago Daily Tribune, June 3, 1905.
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The alleged scam of palmolein oil import happened in 1992, when K.Karunakaran was the Chief Minister of Kerala. In 1991, the state government had decided to import palm oil from Power and Energy Limited, a company based in Singapore. The price fixed for the import was 405 USD per metric tonne. The oil was imported in 1992, but the opposition, LDF, raised a stink in the deal, alleging a loss of more than 20 million to the exchequer, by comparing the import price with the international price of palm oil which was at 392.25 USD per tonne.
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It is not a restaurant, there is only one service, the price is fixed and usually included in the vacation. Everyone sits around a large table and makes small-talk about the house, the country, and so on. What is closer in French to the meaning of table d'hôte in English is a menu ("lunch special" or "fixed menu"). It usually includes several dishes to pick in a fixed list: an entrée (introductory course), a main course (a choice between up to four dishes), a cheese, a dessert, bread, and sometimes beverage (wine) and coffee all for a set price fixed for the year between €15 to €55.
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Justification, according to Foucault, for the market was justice which was why the market existed in the first place. But, what was meant by justice? Foucault offers this explanation; it was a site of justice in the sense that the sale price fixed in the market was seen, both by theorist and in practice, as a just price, or at any rate a price that should be the just price, which meant to the theorists of the day a price that was to have a certain relationship with work performed, with the needs of the merchants, and of course, with the consumers needs and possibilities.The Birth of Biopolitics pp.
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She is the founding director of the Princeton University Education Research Section, is a member of the National Academy of Education and a research associate of the National Bureau of Economic Research. Her primary research interests are in labor economics with a focus on the economics of education. Rouse has served as an editor of the Journal of Labor Economics and as a senior editor of The Future of Children. She is a member of the board of directors of MDRC, and a director of the T. Rowe Price Equity Mutual Funds and an Advisory Board Member of the T. Rowe Price Fixed Income Mutual Funds.
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Colombians who received such benefits would often in turn support Chávez in elections. The creation of currency controls and subsidies under Chávez also allowed a business of smuggling to occur across borders. On the border of Colombia and Venezuela, Colombians would often take advantage of the Bolivarian government's subsidies and smuggle price fixed goods from Venezuela to Colombia in order to receive profits. Municipalities in the border affected by crisis. Going into the 2010s, economic actions performed by Chávez's government over the previous decade such as overspending and price controls proved to be unsustainable, with the economy then beginning to falter, while inflation, povertyCharlie Devereux & Raymond Colitt.
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300-1 However, a boost in prices caused by the First World War, the Association's introduction of high-quality varieties of seed and the promotion of cotton in areas irrigated by the annual rise of Lake Chad improved yields and prices.Duggan, (1922) pp. 205-6 The Association also instituted a series of certified cotton markets in 1921, where certification by its trained graders was required for the cotton to be accepted at Association ginneries. Until 1923, it also agreed to purchase all certified cotton at a price fixed six months in advance to give growers certainty, but it withdrew this guarantee as world prices recovered from a post-war slump.
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Shea and another Teamsters leader, Albert Young, accused Thorne and other employers of offering them bribes to strike business competitors, and offered evidence in court of previous bribes which the Teamster leaders had accepted (and which had led to large strikes). Thorne and other employers countered that Shea and other union leaders had asked for bribes ranging from $20,000 to $50,000 to call off the current strike."Tells of Bribery Behind Strike," Chicago Daily Tribune, June 2, 1905; "Strikers' Price Fixed at $50,000," Chicago Daily Tribune, June 3, 1905. On June 3, the grand jury returned bribery and conspiracy indictments against Shea and 19 other union leaders, but none against the employers.
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If all goes well, the auction will result in 4 categories of licenses: High Definition TV, Standard Definition TV, Children TV and Digital News TV. The number of provider who will survive the auction is still unknown. Prior to the auction announcement, BC quietly granted a bottleneck "network" license to existing government incumbent which means that all the new DTTV providers have to send DTTV signal to these governmental MUX providers at the price fixed by the providers themselves. In response to claim of uncertainty and in order to lessen financial risk to potential bidders might face after the granting of license, BC came out to state that it encouraged the "potential" bidders to "negotiate" MUX price/charge before going into the bidding room.
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After numerous studies and legislative attempts to fund the project publicly, Governor Bob McDonnell and VDOT in 2011 contracted with Elizabeth River Crossings (ERC) to build a new Midtown Tunnel, rehabilitate the existing Midtown Tunnel as well as the Downtown Tunnels, and extend the Martin Luther King Freeway. Under the agreement VDOT retained ownership and oversight of the tunnels, however ERC will finance, build, operate and maintain the facilities for a 58-year concession period. ERC will also assume risk of delivering the project on a performance-based, fixed- price, fixed-date contract, protecting users and taxpayers from cost overruns and delays. Funding is expected from tolls, private equity, contributions from the Commonwealth and a low-interest Federal Highway Administration loan.
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As it became evident that the war would be long, the government began to take over the system of food distribution in the city. A law of October 1915 allowed the state to requisition wheat and other grains at a price fixed by the government. In 1916, the controls were extended to milk, sugar and eggs. A Ministry of Food Supply was created in 1917 to better control the distribution, and to tax the food products to limit consumption. In May 1916, sugar was taxed at 1.3 francs per kilo, while margarine, which had largely replaced extremely-scarce butter, was taxed from 2.70 to 3.10 francs per kilo. A standard loaf of bread, called the pain national ("national bread"), was introduced on June 29, 1916; it was made with a more rustic flour than the traditional Parisian white loaf.
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During the 1950s and 1960s, embedded liberalism and Keynesian economics were so popular that conservative politicians found they had to largely adopt them if they were to have a chance of getting elected. This was especially the case in Britain and was called the post-war consensus, with a similar though somewhat less Keynesian consensus existing elsewhere, including in the United States.. Marxist scholars tend to broadly agree with the mainstream view, though they emphasise embedded liberalism as a compromise between class interests, rather than between different desirable yet partially incompatible objectives. David Harvey argues that at the end of World War II the primary objective was to develop an economic plan that would not lead to a repeat of the Great Depression during the 1930s.. Harvey states: Harvey notes that under this new system free trade was regulated "under a system of fixed exchange rates anchored by the US dollar's convertibility into gold at a fixed price. Fixed exchange rates were incompatible with free flows of capital".
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