The Olympics

The Olympics

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News, information and stories about the Olympics.

Monday, March 29, 2010

Anti Competitive

The organisers of the London 2012 Olympics have been accused of being anti competitive, as a result of their decision to ban all payments by credit cards except for Visa.

No other cards will be accepted to buy tickets, merchandise or even food and drinks.

Visa, according to The Sun, have paid £61M in sponsorships fees; part of which gives them the right to exclusivity.

Whilst it may seem ironic that a sporting competition bans competition, it should be remembered that the Olympics are not about sport but money!

Olympic Medals won during the Beijing 2008 Olympics

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