Legal & Regulation

ANTITRUST
DOJ’s Antitrust Chief Warns of Tougher Enforcement on ‘Antitrust Day’
April 05, 2022

Jonathan Kanter, assistant attorney general at the Department of Justice (DOJ) antitrust division, delivered on Monday his remarks at the 2022 Spring Enforcers Summit announcing the division’s plans to step up their enforcement actions.  Get the Full Story Complete the form to unlock this article...

ANTITRUST
Food Delivery Services Zomato, Swiggy Investigated by Indian Antitrust Regulators
April 04, 2022

Indian antitrust regulators from the Competition Commission of India (CCI) are looking into food delivery companies Zomato and Swiggy over allegations of the companies not being as neutral as they should be, Reuters wrote Monday (April 4). Get the Full Story Complete the form to...

Legal & Regulation
UK Payment Regulator to Close Card-Acquiring Consultation With Remedies in Sight
April 04, 2022

The U.K. Payment Systems Regulator on Wednesday (April 6) will close a public consultation on the potential remedies that it considers applying in the card-acquiring market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

AML
How Augmented Analytics Can Fight Financial Crime
April 04, 2022

Machines can serve an important role in mitigating and anticipating the threat of financial crime, but humans have their part to play as well. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
EU Oversight of Microsoft, Amazon Cloud Business Goes Beyond Antitrust
April 04, 2022

Over the course a few days, cloud computing went from “not being an antitrust concern,” according to EU Competition Commissioner Margrethe Vestager, to a being a definite subject of questioning for some companies in this space. Moreover, a bigger regulatory headwind may be coming the...

Legal & Regulation
SEC Commissioner Peirce Urges Regulators To Be Flexible  
April 04, 2022

Last Friday (April 1), in a speech at the University of Central Florida’s Inaugural FinTech Summit, Commissioner Hester M. Peirce discussed how regulators should facilitate innovation with a more flexible approach to regulation. Her main point was that regulators should approach technology with a sense...

ANTITRUST
EU Regulators Scrutinize Microsoft’s Cloud Business, Practices
April 03, 2022

Microsoft is facing scrutiny from regulators in the European Union over its cloud business and licensing deals, Reuters reported Friday (April 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Cashless ATMs Mask Estimated $7B in Cannabis Transactions 
April 01, 2022

Cashless ATMs have reportedly been used to process some $7 billion in cannabis transactions, Bloomberg reported on Friday (April 1).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
DOJ Antitrust Chief Puts End to Laissez-Faire Merger Policy
April 01, 2022

If U.S. Department of Justice (DOJ) Assistant Attorney General Jonathan Kanter gets his way, mergers would be examined with more scrutiny, decades of lenient antitrust enforcement would end, and competition would bloom. Get the Full Story Complete the form to unlock this article and enjoy...