Legal & Regulation

Legal & Regulation
Legal Technology Sector Sees Advancements, Unicorns in 2021
December 29, 2021

Legal technology saw numerous advances in 2021 as the still-blooming sector saw greater activity, Reuters reported Wednesday (Dec. 29). 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
Congress Wants Biden to Get in the Game and Play Bigger Role in Regulating Big Tech  
December 29, 2021

Congress is calling on President Joe Biden to join the effort for stronger regulations on social media and other internet platforms. 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,...

Legal & Regulation
Biden Considering Sarah Bloom Raskin to Take Top Fed Banking Spot
December 28, 2021

The Biden administration is considering former Fed governor Sarah Bloom Raskin for a top position at the Federal Reserve. 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...

ANTITRUST
Apple Must Change App Store Policies, Says Dutch Antitrust Regulator
December 27, 2021

The Netherlands Authority for Consumers and Markets (ACM) ordered Apple Dec. 24 to adjust its App Store policies to allow dating app providers to be able to use payment systems other than Apple’s, according to a press release. Get the Full Story Complete the form...

Legal & Regulation
UK Data Watchdog Seeks Help on How it Uses Powers
December 27, 2021

It’s rare when a regulator asks stakeholders and consumers for advice on how it monitors and enforces. 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...

ANTITRUST
Facebook’s Appeal of UK CMA’s Decision on Giphy Deal Is Not Just About the Case
December 26, 2021

Facebook’s decision to appeal the U.K. CMA’s negative ruling over its Giphy deal may seek to revert not only the fate of this case, but also the approach taken by the regulator in the last two years on merger control. Get the Full Story Complete...

Bank Regulation
EU Says Proposed Cross-Border Banking Rules Target ‘Core’ Services
December 26, 2021

The EU is cracking down on the ability for banks outside the EU to sell services to the bloc, with a focus on “core banking.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
US-EU Cooperation on Merger Review Raises Concerns Among Executives
December 23, 2021

U.S. executives say they are worried that U.S., U.K. and European Union regulators are scheming to block transactions they dislike, even if they do not strictly fall under their domain. The criticism stems from recent deals that are being subject to more antitrust scrutiny than initially anticipated, like Nvidia-Arm, Illumina-Grail or Facebook-Giphy. Get the...

ANTITRUST
FTC Moves Forward With Amazon Web Services Investigation
December 22, 2021

The U.S. Federal Trade Commission (FTC) is moving forward with an investigation into Amazon Web Services (AWS), the Amazon cloud computing business, over competition issues, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...