The Department of Justice (DOJ) has just officially endorsed the proposed American Innovation and Choice Online Act that mainly prohibits giant digital platforms like Amazon and Google from giving preference to their own products and services over those of competitors, marking the Biden administration’s first full-throated...
In a speech at the University of Pennsylvania Monday (March 28), Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra urged regulators and enforcers, including the CFPB, to step up their game against repeat offenders — and in particular, against large financial institutions. Get the Full...
A California man has been convicted by a federal jury of submitting fraudulent applications for funds from the Paycheck Protection Program (PPP) and money laundering, the U.S. Department of Justice announced Tuesday (March 29). Get the Full Story Complete the form to unlock this article...
Even though states are enacting privacy and data laws across the country, the U.S. doesn’t have a federal privacy law. Yet, this lack of federal legislation doesn’t mean that the U.S. isn’t protecting people’s privacy at federal level — the Federal Trade Commission (FTC) is...
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A French court has fined Google $2.2 million (€2 million) for what the country’s government has described as “abusive” dealings with developers on its app store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Credit card companies charged $12 billion in late fees in 2020, with poorer Americans paying far more than wealthier people. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Federal Trade Commission has asked a court to stop Intuit — maker of TurboTax tax prep software — from what it says is falsely advertising free tax services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Proposed legislation that would reel in the power of big technology companies like Amazon, Apple, and Google got official support from the Department of Justice (DOJ), the Wall Street Journal reported on Tuesday (March 29), citing a letter to the bipartisan leaders of the Senate...
