The United Kingdom’s Competition Appeal Tribunal rejected Google’s bid to block a class action lawsuit brought by advertisers alleging that the company abused its position in mobile operating systems, app distribution, search and search advertising to overcharge advertisers and exclude competitors. Get the Full Story...
Colorado has significantly narrowed what was poised to become the nation’s first comprehensive artificial intelligence governance law, replacing a sweeping compliance regime with a more targeted framework centered on transparency, consumer rights and disclosure requirements. At the same time, a recent Federal Trade Commission policy...
Federal and state regulators are expanding their scrutiny of digital business practices by treating privacy violations and deceptive consumer practices as part of the same enforcement framework. The trend that could have implications for companies handling sensitive personal data well beyond the healthcare sector. Get...
Twenty-five states filed a lawsuit Monday (Aug. 3) asking the U.S. Court of International Trade to declare the Trump administration’s latest tariffs illegal, the Office of the New York State Attorney General said in a Monday press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Four U.S. regulators have reached separate agreements with UBS Financial Services in which the company will pay a total of $125 million to settle violations of Bank Secrecy Act (BSA) anti-money laundering (AML) and countering the financing of terrorism (CFT) rules. Get the Full Story...
The Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) have each proposed raising the thresholds of credit that banks can extend to insiders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
California is launching a new cabinet-level agency that state officials say will consolidate consumer protection and business oversight of practices that increase costs for consumers and undermine fair competition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Commodity Futures Trading Commission (CFTC) has sued to stop New York’s attempt to halt the operations of prediction market Kalshi, which was announced Friday (July 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Several banking associations filed an amicus brief Tuesday (July 28) supporting a case that challenges an Oregon law (House Bill 4116) that caps interest rates charged by out-of-state banks, according to a Wednesday (July 29) blog post by law firm Ballard Spahr. Get the Full...
