Legal & Regulation

Legal & Regulation
Is The White House’s Big Tech Executive Order A Solution In Search of A Problem?
July 26, 2021

President Joe Biden kicked off the month of July with a bang, signing a sweeping executive order (EO) aimed at promoting competitive markets across the U.S. economy and limiting what the White House has described as corporate dominance that puts consumers, workers and smaller companies...

Legal & Regulation
Biden Administration, TikTok Agree To Drop Lawsuit
July 25, 2021

Under the U.S. President Joe Biden administration, a lawsuit from the President Donald Trump era attempting to ban TikTok from American shores won’t be going forward, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
EU Readies Probe Into Facebook Kustomer Purchase
July 23, 2021

The European Union is set to launch an antitrust investigation into Facebook’s acquisition of customer service startup Kustomer. 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...

Legal & Regulation
Philippines Central Bank Halts Lyka Social Media Payments
July 23, 2021

The Philippines central bank, Bangko Sentral ng Pilipinas (BSP), has mandated that the social media platform Lyka to suspend its activities as an operator of payment systems (OPOs) as area officials crack down on FinTech rules. Get the Full Story Complete the form to unlock this...

Legal & Regulation
FTC Votes To Restore Consumers’ Right To Repair
July 21, 2021

The Federal Trade Commission (FTC) voted on Wednesday (July 21) to strengthen restrictions against policies that push consumers to use licensed dealers to repair products; everything from iPhones to farm equipment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

ANTITRUST
Big Tech Critic Jonathan Kanter Nominated By Biden For DOJ Antitrust Job
July 20, 2021

Jonathan Kanter, a Google critic and progressive favorite, will lead President Joe Biden’s Justice Department antitrust division, CNBC writes. 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
EU Court Schedules Decision On Google’s Challenge To $2.8B Fine
July 20, 2021

Europe’s General Court in Luxembourg has set November 10 as the date it will rule on Google’s challenge to the €2.4 billion ($2.8 billion) antitrust fine levied by the European Union (EU), Reuters reported on Tuesday (July 20), citing sources. The ruling is the first...

Legal & Regulation
Big Tech Compliance Tracker: EU Pauses Digital Tax Effort; Facebook Seeks FTC Chair Khan’s Recusal...
July 19, 2021

Here’s the latest news from the technology industry, which is coming under increasing global 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,...

ANTITRUST
Flipkart Tells India Court In Antitrust Case It’s ‘Different’ From Amazon
July 18, 2021

Flipkart, which is owned by Walmart, doesn’t think it should be treated like Amazon in an Indian antitrust suit, U.S. News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...