Doing so would generally violate the terms of their merchant account contract with the credit card company and result in that ecommerce site's merchant account being terminated, which would
effectively put them out of business.
The former discount brokerage RealtySellers launched a $ 100 million lawsuit against CREA and the Toronto Real Estate Board for introducing rules that
effectively put them out of business.
Not exact matches
The proposed regulations,
put out for public comment Jan. 4, would ban high upfront fees and restrict the kinds
of contracts debt settlement companies can offer,
effectively outlawing the
business model most popular with, among others, Cambridge Life Solutions, a company Matt McClearn and I wrote about in this magazine last fall.
It's unlikely that the government would be able to violate your privacy any more
effectively if you replaced all your passwords and other personal identity props with biometric IDs.But doing so might well
put identity thieves
out of business.
At the same time, this also
effectively put all secondary competitors which make and distribute e-reader devices for the North American and European markets
out of business or in an immediately precarious position, who presumably do not have the ability to absorb such huge price cuts due to differences in volume manufacturing costs.
If DeVos gets her way and the consolidation
of student loan servicers happens, MOHELA could
effectively be
put out of business, since it makes money by servicing federal student loans.
Sterns says for many new agents, «The cost to advertise
effectively becomes very high and without any revenue, it can
put many
out of the industry before they can realize how lucrative this
business can be.