Apologies for YouTuber link - as some of the sources cited are in Japanese, it’s harder to get to a direct English source. The video description includes links to the Yahoo.jp article.
Im amazed it took this long. We should start banning companies like visa and MasterCard. They should be completely neutral and not try to push USA conservative christian bullshit.
In this case, it’s Australian conservative Christian bullshit, but no doubt they have many supporters in the US as well, since this is every Evangelicals wet dream.
Religion needs to fuck right off and stop harassing people.
The Australian one is associated with the American movement all the way down. Might as well had come from America.
Nah, we just both have the same parent.
And we’re equally disappointed in both of you for following our terrible example.
You don’t fuck the Japanese dating sim industry. Almost all the stuff Visa and Mastercard has gotten banned over the last decade has been Japanese.
You can’t put the article link instead of the generic yahoo.jp? Are you trying to get views or something?
https://news.yahoo.co.jp/articles/b68ac34e65ec99559eb024ed91df59b696d40eed
Administrative sanction on VISA for suspected violation of antitrust law The Public Commission applies the affirmative procedure
On the 22nd, the Japan Fair Trade Commission applied the administrative and affirmative procedures of Visa, an international credit card brand, as a suspected violation of the Antitrust Act (unfair trading method) regarding the terms of business with its partners, with regard to the terms and conditions of transactions with partners. According to the commission, it is the first administrative disposition on a credit card international brand, including the largest in the industry and the largest share (market share) in the country.
[Figure] In 2024, the Public Commission will inspect the VISA Japan corporation
In July 2024, the Public Commission conducted an on-site inspection of a Japanese subsidiary of a visa on suspicion of violating the Antitrust Act. We were also investigating overseas related sites such as U.S. headquarters.
The affirmation procedure is one of the administrative measures that aims to resolve the problem at an early stage by agreement between the Public Commission and the business operator. This month, the Visa submitted a voluntary improvement plan that “commits” the resolution of suspected illegality and reporting the status of its implementation under the supervision of a third party for five years, and the commission recognized it as effective in preventing recurrence.
In line with this, the Public Commission did not recognize the violation of the Antitrust Act of the visa, and postponed more enforceable administrative measures such as exclusion measures orders and surcharge payment orders. Yutaka Yamada
Thanks. There’s no way I’m clicking a Youtube link to read an article.
Know auto-play id disabled (as it should be)
Open the link
Open the links (OP said they are linked in the description)
Be done.Quite easy to solve?
See Youtube link
Move on with my lifeAlso easy to solve
I only linked to the YouTuber summary because the article was in Japanese. Certainly it’s the better source if you can read it.
Sounds like this has nothing to do with recent events?
The article is a bit confusing, only the first paragraph is relevant I think. It seems like 22nd refers to last Tuesday and then the article jumps to events that happened a year ago. It might be the translation, I’m just using the built in Firefox one.
In any case, it is the link in the video description.
According to articles I can find, this has nothing to do with recent censorships?
Japan’s Fair Trade Commission has taken its first administrative action against the credit card industry, targeting Visa Worldwide Pte Ltd., a subsidiary of Visa Inc.‘s Singapore operations, over suspected monopolistic practices in the authorization system market.
[…]
The investigation centered on Visa’s November 2021 terms changes that rendered credit card companies managing merchant outlets ineligible for commission discounts in certain industries unless they adopted Visa’s authorization system.
Hepl yes, based japan, defenders of freedom?
That felt totally normal to say.
How is Japan anti-censorship? What a time to be alive
I don’t think they are. Protectionist and interested in their exports, seem more likely.
While this is probably true. I don’t think it’s a stretch to say countries like Japan and South Korea are probably better at democracy than the “west” atp
Let’s maybe not include a straight up oligarchy corpo state like south korea in that statement. Better than the usa? Maybe, but they’d even give that a run for the money, and just barely win out.
The video makes mention of a change.org petition calling on Visa, Mastercard and the like to ignore that sect trying to create moral outrage. I know Change.org petitions are pretty worthless, but this one already has over 100k signatures: https://www.change.org/p/tell-mastercard-visa-activist-groups-stop-controlling-what-we-can-watch-read-or-play/
To this day, I don’t understand why Visa or MasterCard (or even a “physical” or even virtual card) are necessary. If the banks can’t create a global, shared way of processing payments, then the governments should step in and do it for them.
I imagine that’s because that would be against the interests of the owners of those companies. Which presumably have some power in the world, being practically internationally successful banks.
Tldr; money.
Generally the world has that. There’s SWIFT and EPI in Europe, EPAA in Asia and Pix is South America. The biggest credit card market is North America.
I’m in Europe, and my debit card says visa. That’s the part that confuses me…
Kick their ass Japan! Don’t go easy on them, make them stop their bullshit INTERNATIONALLY if they want their sanctions removed!
