Legal & Regulation

Legal & Regulation
Metaverse May Pose New Competition Challenges, Says EU Antitrust Chief
January 20, 2022

The European Union’s competition commissioner has called for the metaverse to face more scrutiny. 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 to our daily newsletter, PYMNTS...

Legal & Regulation
US Retailers May Face an Uphill Road To Challenge Visa, Mastercard Swipe Fees 
January 20, 2022

U.S. retailers, via the Merchants Payment Coalitions, have sent a letter to the Federal Trade Commission (FTC) and the Department of Justice (DoJ) on Wednesday urging regulators to investigate credit card fees.  Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
One FinTech’s Take on the Regulatory Showdowns Looming for BNPL, Crypto and Swipe Fees
January 20, 2022

For two years now, a furiously digitizing financial sector has read regulatory signals across several pressing fronts from buy now, pay later (BNPL) to cryptocurrency, awaiting decisions from Washington that hold the potential to transform the landscape for newcomers and established players alike. Get the...

Legal & Regulation
China Unveils Stricter Big Tech Investment Rules
January 19, 2022

China will require the country’s biggest internet firms to get approval for any investment deals they make as part of new rules that are likely to keep Big Tech firms from getting even bigger through acquisition, people familiar with the issue told The Wall Street...

Legal & Regulation
ByteDance Scales Back Investments Ahead of Crackdown
January 19, 2022

TikTok owner ByteDance is scaling back its investment operations in expectation that China will restrict the type of deal-making that has fueled the growth of the country’s tech giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

ANTITRUST
Apple and Google Face Moment of Truth With Senate Hearing Over Antitrust Bills
January 19, 2022

On Thursday (Jan. 20), the Senate Judiciary Committee will debate two important bipartisan bills that, if approved, would have a significant impact on the way that Apple, Google and other platforms operate and generate revenues. Get the Full Story Complete the form to unlock this...

Legal & Regulation
Apple Warns Senate Legislation Would Reduce its User Privacy Measures
January 19, 2022

Apple has told lawmakers that proposed legislation to govern the nation’s leading tech companies would diminish a privacy protection feature it introduced last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
FTC, DOJ Launch Consultation To Tighten Grip on Big Tech M&A 
January 19, 2022

On Tuesday, the Federal Trade Commission (FTC) and the Justice Department’s Antitrust Division launched a joint public inquiry to review merger rules to strengthen enforcement and clamp down on big mergers, especially in digital markets.  Get the Full Story Complete the form to unlock this...

Legal & Regulation
BJ’s Wholesale Club Ditches ADS, Moves Credit Cards to Capital One
January 18, 2022

Alliance Data Systems Corp (ADS) has lost BJ’s Wholesale Club as a client, The Wall Street Journal (WSJ) reported Tuesday (Jan. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...