Visa is extremely censorious, especially of sexual content. It is very odd how they and MasterCard get let off this debate, despite the fact their vague rules are often the reason for such closedowns.
It will be really interesting to see if 2019 brings a change in the outrage that is currently directed at public facing platforms over their content policies to the actual architects of many of those decisions, which are Visa/MC and a handful of advertising brokers.
We can argue about the role of individual platforms, but Visa/MC in particular have a cast iron, long term monopoly with much stronger effects on the public than any national government does. Their editorial policies should be under huge public scrutiny.
To what degree is Visa protected from competition through federal regulation? I don't think you can benefit from government subsidy/protection and also claim to act as a completely private actor.
It will be really interesting to see if 2019 brings a change in the outrage that is currently directed at public facing platforms over their content policies to the actual architects of many of those decisions, which are Visa/MC and a handful of advertising brokers.
We can argue about the role of individual platforms, but Visa/MC in particular have a cast iron, long term monopoly with much stronger effects on the public than any national government does. Their editorial policies should be under huge public scrutiny.