Legal & Regulation

Legal & Regulation
China’s Rules on Algorithms are Promising; the Devil is in the Details
January 12, 2022

China just completed its draft of new rules to regulate how companies use algorithms, which will take effect on March 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
Facebook Can’t Fence Off FTC Antitrust Suit, But It Narrows Scope
January 12, 2022

A U.S. judge granted the Federal Trade Commission (FTC) a second chance to continue with its allegations of illegal monopolization against Facebook (now Meta), after it rejected the company’s motion to dismiss the lawsuit in a new filing on Tuesday.  Get the Full Story Complete...

ANTITRUST
FTC Can Refile Antitrust Case Against Facebook, Judge Rules
January 11, 2022

The Federal Trade Commission will now have another chance to go after its illegal monopolization charges against Facebook, CNBC reported Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
UK Financial Regulator to Review Data Markets as Competition Concerns Loom
January 11, 2022

The U.K. Financial Conduct Authority (FCA) announced on Tuesday (Jan. 11) that it will launch two market studies to investigate the competitive conditions to access wholesale data in financial markets. Following a market consultation in 2020, the feedback the FCA received from the main stakeholders...

Legal & Regulation
UK Competition Regulator to Review Brookfield’s Purchase of Scotia Gas 
January 11, 2022

The United Kingdom’s competition watchdog announced Tuesday (Jan. 11) that it will investigate the proposed merger between Brookfield Asset Management Inc. and Scotia Gas Networks Ltd. (SNG). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ANTITRUST
 Google Faces Probe in India Over Abuse of News Aggregation Dominance
January 10, 2022

Google is under the microscope by India’s antitrust watchdog following complaints from news outlets that allege the search engine is abusing its dominance in news aggregation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
SEC Wants More Transparency From Private Companies
January 10, 2022

The Securities and Exchange Commission (SEC) is working on a plan that would force large private companies to become more transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
Google, Big Tech Firms Face New EU Regulations This Year
January 07, 2022

As the U.S. Department of Justice (DOJ) seeks to end Google’s alleged monopoly of the search and ad sector with a lawsuit, Germany’s antitrust watchdog has initiated new steps to regulate the tech giant. Get the Full Story Complete the form to unlock this article...

ANTITRUST
Google-Apple Search Alliance Shows Complexity of Regulating the Digital Economy
January 07, 2022

Google and Apple have attracted as much interest from investors as from regulators. They are as frequently praised for their innovations as they are criticized over claims that they have squeezed competitors from the market. Still, every move these two companies make has consequences for...