Redbox is raising the price it charges for renting a DVD to $1.20 from $1, the first increase since the company was founded in 2003.Senator Durbin sure is greedy, maybe he was thinking of trying to get his wife some new lobbying business from different industries.
The Oakbrook Terrace-based company blamed the price hike on increased costs, including the fees it pays under an amendment by U.S. Sen. Richard Durbin, D-Ill., that capped the interchange fees that banks charge to process debit-card transactions.
Thursday, October 27, 2011
Durbin Causes DVD Rental Price Increase
Crain's Chicago Business reports: