Legal & Regulation

Legal & Regulation
Europe Continues Regulatory Spree With European Chips Act 
February 04, 2022

European Commission President Ursula von der Leyen announced on Thursday (Feb. 3) that the commission will propose new legislation to deal with microchip shortages in Europe, the European Chips Act, as early as next week.  Get the Full Story Complete the form to unlock this...

Legal & Regulation
Senate Judiciary Panel Approves App Store Payments Bill
February 03, 2022

The Senate Judiciary Committee has passed a tech competition bill that targets the Google and Apple app stores and the restrictions they place on developers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
Fed Nominee Raskin Faces Grilling From GOP Lawmakers
February 03, 2022

It was a tough day for Sarah Bloom Raskin, who has been president’s pick to hold a key post at the Federal Reserve Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Future Retail’s Lenders Want to Sell Chain’s Assets
February 03, 2022

Lenders to the Indian department store chain Future Retail have told the country’s Supreme Court that the chain’s assets should be auctioned off to cover missed payments.Lenders to the Indian department store chain Future Retail have told the country’s Supreme Court that the chain’s assets...

Legal & Regulation
Social Media Mega Firms Join Forces to Fight Germany’s Tough Online Hate Speech Rule
February 03, 2022

Rival social media giants Facebook (Meta), TikTok, Twitter and YouTube have united to sue the German government over its strengthened online hate speech law, Politico reported Wednesday (Feb 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Regulators Find Europe’s AdTech Sector Broke Privacy Rules
February 03, 2022

Following years of investigation, a European national authority has ruled that the region’s AdTech industry has violated privacy regulations.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Legal & Regulation
Regulators Ordered Tesla to Fix Malfunctioning ‘Full Self-Driving’ Software
February 03, 2022

Nearly 54,000 Tesla vehicles came to a complete stop last week after the electric car maker discovered a software malfunction, according to documents filed by the California-based manufacturer with federal regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
UK Professor: Digital Platforms Can’t Be Regulated Like Traditional Utility Networks 
February 03, 2022

In “Regulating Digital Platforms: Business Models, Technology Architectures, and Governance Rules,” Panos Constantinides, of the University of Manchester compares digital platforms with traditional utility networks (i.e. water, electricity) to find out if some of the lessons learned when these natural monopolies were regulated in the...

Legal & Regulation
Autonomous Vehicle Advocates Press White House for Coordinated, National Rules
February 03, 2022

The U.S. House Transportation and Infrastructure subcommittee held a hearing Wednesday (Feb. 2) on the “road ahead for automated vehicles,” where most of the participants highlighted the need to adopt new rules for autonomous vehicles (AV), with differences in what is the most important area...