I had never heard the term "jawboning" before. According to Merriam-Webster it is "the use of public appeals (as by a president) to influence the actions especially of business and labor leaders" or "broadly : the use of spoken persuasion".
Regarding TFA: I don't think trading freedoms of one group (the platform users) for those of another (the platform operators) is a good solution. Visa/Mastercard should have the right to refuse service. The solution being explored in the EU makes more sense: facilitate competition so users have more choice of platforms. Or another alternative: can we reduce the power of small but vocal minorities to prevent them from "jawboning" companies?
Regarding TFA: I don't think trading freedoms of one group (the platform users) for those of another (the platform operators) is a good solution. Visa/Mastercard should have the right to refuse service. The solution being explored in the EU makes more sense: facilitate competition so users have more choice of platforms. Or another alternative: can we reduce the power of small but vocal minorities to prevent them from "jawboning" companies?