POLITICAL: Gooferment grants monopolies

Saturday, December 20, 2014

http://www.smartertravel.com/blogs/today-in-travel/cash-on-arrival-new-game-plan-for-airport-atms.html

Beware the New Airport ATM Scam
December 9, 2014 12:26 pm by Ed Perkins

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A representative of the Civil Aviation Authority, the agency that monitors consumer issues in air travel in Britain, told me that the retail foreign exchange folks have cut deals with airport management to oust the real banks and give retail foreign exchange outfits a monopoly, for which privilege they pay fat fees to the airports. A representative of ABTA, the association of travel agents and tour operators and U.K. equivalent of ASTA, summed it up by saying, “The worst place to exchange currency is at an airport.” This consumer issue hasn’t loomed large on the British scene because locals can, in fact, withdraw pounds with no fees; the practice hits only visitors.

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Anything it can get away with!

Argh!

I’m sure it in EVERYTHING that Gooferment does!

Screw the little guy.

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