Legal & Regulation

ANTITRUST
EU Regulator to Rule on Amazon’s MGM Deal by March 15
February 09, 2022

Antitrust regulators with the European Union plan to decide by March 15 whether they’ll clear Amazon’s proposed purchase of movie studio MGM, Reuters reported Tuesday (Feb. 8). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
As Scrutiny of Activision Bid Intensifies, Microsoft Offers App ‘Principles’
February 09, 2022

Better to get out in front of an issue and meet it head-on than try to play catch-up later. 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
Capitol Hill Lawmakers Threaten to Probe GoFundMe After Trucker Fundraiser Shuttered
February 09, 2022

Citing potential violation of federal law by GoFundMe Inc., GOP lawmakers have called for an investigation into the crowdfunding platform’s decision to withdraw a page accepting donations in support of protesting truckdrivers in Canada. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
UK Competition Watchdog Designates Amazon as ‘Grocery Retailer’ to Protect Suppliers
February 09, 2022

As a result of Amazon’s increasing activity in the U.K. grocery sector, Britain’s Competition and Markets Authority (CMA) announced in Wednesday (Feb. 9) statement that it has designated the eCommerce giant and its U.K. subsidiaries under the Groceries Market Investigation Order. Get the Full Story...

Legal & Regulation
SEC Advisor: Regulator Should Listen to the Crypto Community and Open Debate
February 09, 2022

As a panel member that advises Securities and Exchange Commission (SEC) Chairman Gary Gensler, Associate Professor J.W. Verret of the Antonin Scalia Law School at George Mason University has more than a passing interest in regulating cryptocurrencies. Get the Full Story Complete the form to unlock...

Legal & Regulation
Regulators Must Catch up With Digital Finance, EU Watchdogs Warn
February 09, 2022

Europe’s three regulators have called for actions to ensure the European Union’s (EU) rules and supervisory framework is fit for the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Senate Hearing on Digital Assets May Test Role of CFTC and DeFi 
February 09, 2022

Today, February 9, the U.S. Senate Committee on Agriculture, Nutrition and Forestry is holding a hearing on digital assets where witness experts will likely discuss the risks of cryptocurrencies and other digital assets, the need for new regulation and the role of the Commodity Futures...

Legal & Regulation
FTC Files Lawsuit Against Burgerim Franchise Over False Business Claims
February 08, 2022

The Federal Trade Commission (FTC) has filed a lawsuit against hamburger franchise Burgerim, saying it falsely represented itself to those who wanted to own a franchise location, according to a Tuesday (Feb. 8) FTC blog post. Get the Full Story Complete the form to unlock...

Bank Regulation
Aliaswire Unveils Bank Account Validation Solution
February 08, 2022

Digital payment and credit platform Aliaswire on Tuesday (Feb. 8) added a new bank account validation (BAV) solution for banks and their commercial clients, which comes ahead of a new rule requiring ACH originators to make account validation part of their fraud detection. Get the...