Rite-Aid, which supported both Google Wallet and Apple Pay until just recently, halted its use of both payment processors – apparently in favor of a payment processor it will co-own. Is Rite-Aid alone in this, or is it a boycott? Even if it's not a boycott, isn't tying the purchase of a service to the purchase of some other good or service an indication that a market participant is using market power to create a monopoly?
More news as the payment processor competition heats up.
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