Reform of Credit Card Schemes in Australia:
I A Consultation Document – December 2001 References

[an error occurred while processing this directive]

Access Economics (2001), ‘The Appropriate Scope of Credit Card Scheme Regulation’, Submission to the Reserve Bank of Australia prepared for American Express International Inc, June.

Allen Consulting Group (2001), ‘Economic Review of Credit Card Scheme Membership Rules, Report to The Review Banks’, January.

American Express (2001), ‘Competition in Payment Systems, Submission to the Reserve Bank of Australia’, 8 June.

Australia and New Zealand Banking Group (2001a), ‘Response to RBA/ACCC Study of Interchange Fees and Access’, 29 January.

Australia and New Zealand Banking Group (2001b), ‘Principles for Regulation of Credit Card Systems, Submission to the Reserve Bank of Australia’, 18 June.

Australia and New Zealand Banking Group (2001c), ‘Resource Costs of Alternative Payment Instruments, Submission to the Reserve Bank of Australia’, 14 August.

Australian Bankers' Association (2000), ‘Electronic Banking and Financial Services: Providing Convenience and Value’, Australian Bankers' Association Submission to the Inquiry by Parliamentary Joint Statutory Committee on Corporations and Securities into Fees on Electronic and Telephone Banking, July.

Australian Bankers' Association (2001a), ‘Submission to the Reserve Bank of Australia to Assist in its Considerations of Designation of Credit Card Schemes as a Payment System’, 7 April.

Australian Bankers' Association (2001b), ‘Credit Card Networks in Australia: An Appropriate Regulatory Framework’, Submission to the Reserve Bank of Australia, 3 July.

Australian Bankers' Association (2001c), ‘Assessment of the Impact of Inappropriate Interchange Fee Levels’, 12 September.

Australian Bankers' Association (2001d), ‘Network Effects and the Setting of Interchange Fees’, 12 September.

Australian Bankers' Association (2001e), ‘Cost of Capital and Interchange Fees’, 12 September.

Australian Retailers Association (2001a), ‘Submission to the Reserve Bank of Australia and Australian Competition and Consumer Commission’, January.

Australian Retailers Association (2001b), ‘Submission to the Reserve Bank of Australia, Credit Card Schemes in Australia’, 26 July.

Balto D (2000), ‘The Problem of Interchange Fees: Costs without Benefits?’, European Competition Law Review, Vol 4, pp 215–224.

Bankcard Association of Australia (1999), ‘Response to letter from the Reserve Bank of Australia’, 4 November.

Bankcard Association of Australia (2001a), Letter to Governor of the Reserve Bank of Australia, 6 April.

Bankcard Association of Australia (2001b), ‘Bankcard Association of Australia's Response to Questions Posed by RBA’, 6 June.

Baxter WF (1983), ‘Bank Interchange of Transactional Paper: Legal and Economic Perspectives’, Journal of Law and Economics, Vol 23, No 3, pp 541–588.

Board of Governors of the Federal Reserve System (1983), Credit Cards in the US Economy: Their Impact on Costs, Prices and Retail Sales, Submission to the Committee of Banking, Housing, and Urban Affairs of the United States Senate and the Committee on Banking, Finance and Urban Affairs of the United States House of Representatives.

British Retail Consortium (1999), ‘Submission to the Treasury Review of Banking Services’, June.

Carlton D and A Frankel (1995), ‘The Anti-trust Economics of Credit Card Networks’, Antitrust Law Journal, Vol 63, No 2, pp 643–668.

Chakravorti S and A Shah (2001), ‘A Study of Inter-related Bilateral Transactions in Credit Card Networks’, Federal Reserve Bank of Chicago, July.

Chang HH, DS Evans and R Schmalensee (1998), ‘Some Economic Principles for Guiding Antitrust Policy Towards Joint Ventures’, Columbia Business Law Review, No 2, pp 223–329.

Commonwealth Bank of Australia (2000), ‘Comments by Commonwealth Bank of Australia’, 20 December.

Credit Cards (Price Discrimination) Order (1990), Statutory Instrument, No 2159.

Cruickshank D (2000), Competition in UK Banking, HMSO, Norwich, March.

European Commission (2000), ‘Commission plans to clear certain Visa provisions, challenge others’, Press Release, 16 October.

European Commission (2001a), ‘Commission clears certain provisions of the Visa international payment card system’, Press Release, 10 August.

European Commission (2001b), Notice pursuant to Article 19(3) of Council Regulation No 17, Case COMP/29.373 – Visa International (2001/C 226/10), Official Journal of the European Communities, Brussels, 11 August.

Evans DS and R Schmalensee (1995), ‘Economic Aspects of Payment Card Systems and Antitrust Policy Toward Joint Ventures’, Antitrust Law Journal, Vol 63, No 3, pp 861–901.

Evans DS and R Schmalensee (1999), Paying with Plastic, MIT Press, Cambridge.

Faulhaber G (1975), ‘Cross-subsidization: Pricing in Public Enterprises’, American Economic Review, Vol 71, No 5, pp 1083–1091.

Financial System Inquiry Committee (Wallis Committee) 1997, Final Report, AGPS, Canberra.

Food Marketing Institute (1994), Benchmarking Comparative Payment Methods: Costs and Case Studies, Washington.

Food Marketing Institute (1998), A Retailer's Guide to Electronic Payment Systems Costs, Washington.

Food Marketing Institute (2000), It All Adds Up: An Activity Based Cost Study of Retail Payments, Washington.

Frankel A (1998), ‘Monopoly and Competition in the Supply and Exchange of Money’, Antitrust Law Journal, Vol 66, No 2, pp 313–361.

Frontier Economics (2001), ‘Report on Credit Card Interchange Fees to Review Banks’, January.

Gans J and S King (2001a), ‘The Role of Interchange Fees in Credit Card Associations: Competitive Analysis and Regulatory Issues’, Australian Business Law Review, Vol 29, No 2, pp 94–123.

Gans J and S King (2001b), ‘The Neutrality of Interchange Fees in Payment Systems’, draft, 28 May.

Gans J and S King (2001c), ‘Regulatory Interchange Fees in Payment Systems’, draft, 14 June.

Gans J and S King (2001d), ‘Some Answers to the Reserve Bank of Australia Questions Associated with the Designation of Credit Card Payment Systems in Australia’, 30 June.

Gizycki M and P Lowe (2000), ‘The Australian Financial System in the 1990s’, The Australian Economy in the 1990s, Reserve Bank of Australia Conference Volume, July, pp 180–215.

Goddard G and G Walker (2001), ‘Bank Mergers in Australia: Competition Assessment of the Commonwealth Bank of Australia's Acquisition of Colonial Limited’, Faculty of Commerce Working Paper Series No 2/01, Charles Sturt University, Bathurst Campus, April.

HM Treasury (2000), Competition in Payment Systems: A Consultation Document, December.

HM Treasury (2001), Competition in Payment Systems: A Response to Consultation, August.

House of Representatives Standing Committee on Finance and Public Administration (1991), A Pocket Full of Change: Banking and Deregulation (The Martin Report), AGPS, Canberra.

IMA Market Development AB (2000), ‘Study Regarding the Effects of the Abolition of the Non-discrimination Rule in Sweden, for European Commission Competition Directorate General’, February.

Independent Committee of Inquiry (Hilmer Committee) (1993), National Competition Policy, AGPS, Canberra.

ITM Research (2000), ‘The Abolition of the No-discrimination Rule’, Amsterdam, March.

Johnston A, D Porter, T Cobbold and R Dolamore (2000), Productivity in Australia's Wholesale and Retail Trade, Productivity Commission Staff Research Paper, October.

Katz M (2001), Network Effects, Interchange Fees and No-Surcharge Rules in the Australian Credit and Charge Card Industry, Reserve Bank of Australia, Sydney, August.

Kitch EW (1990), ‘The Framing Hypothesis: Is It Supported by Credit Card Issuer Opposition to a Surcharge on a Cash Price?’, Journal of Law, Economics and Organization, Vol 6, No 1, pp 217–233.

KPMG Consulting (2001), Credit Cards in Australia: A Research Report, July.

Lea W (2001), ‘Competition in the Retail Payments Industry', Presentation to the IBC UK Conference, International Payment Systems Week, London, 2–6 April.

Leibowitz SJ and SE Margolis (1994), ‘Network Externality: An Uncommon Tragedy’, Journal of Economic Perspectives, Vol 8, No 2, pp 133–150.

MasterCard International (2000), Bylaws and Rules, June.

MasterCard International (2001), ‘Submission to the Reserve Bank of Australia’, 20 July.

Monopolies and Mergers Commission (1989), Credit Card Services: A Report on the Supply of Credit Card Services in the United Kingdom, HMSO, London.

Office of Fair Trading (2001), ‘OFT considers Mastercard/Europay rules may involve excessive fees’, Press Release, 25 September.

Prices Surveillance Authority (1992), Inquiry into Credit Card Interest Rates, Canberra, October.

Prices Surveillance Authority (1994), Monitoring of Credit Card Prices No. 1, Canberra, April.

Prices Surveillance Authority (1995), Monitoring of Credit Card Prices No. 2, Canberra, May.

Reserve Bank of Australia (2000), Payments System Board 2000 Annual Report, Sydney, November.

Reserve Bank of Australia and Australian Competition and Consumer Commission (2000), Debit and Credit Card Schemes in Australia – A Study of Interchange Fees and Access, October.

Restaurant and Catering Association of Australia (2001), ‘Credit Card Fees and Charges’, August.

Rochet J and J Tirole (2000), ‘Cooperation among Competitors: The Economics of Payment Card Associations’, mimeo, 16 May.

Schmalensee R (2001), ‘Payment Systems and Interchange Fees’, NBER Working Paper No 8256.

Schwartz M and D Vincent (2000), ‘Same Price, Cash or Credit: Vertical Control by Payments Networks’, mimeo, November.

Shell Company of Australia Ltd (2001), ‘Submission to the RBA on Credit & Debit Card Schemes’, 15 September.

US District Court, Southern District of New York, 98 Civ. 7076 (BSJ).

Varian HR (1984), Microeconomic Analysis, Second Edition, WW Norton and Company, New York.

Visa International (1999a), International By-Laws and Regional Boards Delegations, 15 November.

Visa International (1999b), Operating Regulations, General Rules, Volume I, 15 November.

Visa International (2000), ‘Response to Questions from the Reserve Bank of Australia’, 22 May.

Visa International (2001a), ‘Credit Card Schemes in Australia – A Response to the Joint Study’, January.

Visa International (2001b), ‘Delivering a Level Playing Field for Credit Card Payment Schemes, Submission to the Reserve Bank of Australia’, 21 August.

Visa International (2001c), ‘Access to Membership and Special Licensees, Submission to the Reserve Bank of Australia’, 22 August.

Visa International (2001d), Letter to the Reserve Bank of Australia, Follow-Up to 12 September 2001 Meeting, 20 September.

Visa International (2001e), ‘Response to the Reserve Bank of Australia's Questions’, 16 October.

Westpac Banking Corporation (2000), ‘Westpac's Initial Response to a Study by the Reserve Bank of Australia and the Australian Competition and Consumer Commission’, November.

Wright J (2000), ‘An Economic Analysis of a Card Payment Network’, mimeo, December, in Visa International (2001a).