8. When Evans and Schmalensee say that the major card networks are characterized by "coopetition," they mean that banks compete with but cooperate with . (ES, p. 63) A. each other for cardholders; merchants in setting interchange fees B. merchants in setting interchange fees; merchants on rules to allocate fraud losses C. the card networks in setting interchange fees; the networks in signing up cardholders D. each other for merchants and cardholders; each other in processing payments and setting operational standards