Facebook, Inc. CEO Mark Zuckerberg detailed actions to reform a long-standing regulation that pertains to the internet in written testimony ahead of a Thursday (March 25) hearing before a U.S. House of Representatives committee. Get the Full Story Complete the form to unlock this article...
Democrats in the U.S. Congress could introduce 10-plus bills involving antitrust concerns, according to a report from 9to5Mac. That could be an alternative to one, giant all-encompassing bill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Lina Khan, an associate Columbia Law School professor who writes about antitrust law, is now President Joe Biden’s nomination for commissioner of the Federal Trade Commission (FTC), according to a press release from The White House. Get the Full Story Complete the form to unlock...
Here’s the latest news from the technology industry, which is coming under increasing 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...
The Competition and Markets Authority (CMA), Britain’s antitrust watchdog, is planning an investigation into how Facebook handles user data, the Financial Times (FT) reported on Friday (March 19), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The nonprofit Nacha, which enables Automated Clearing House (ACH) payments, announced that the WEB Debit Account Validation Rule took effect on Friday (March 19), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Visa Inc. is facing a probe from the Justice Department concerning allegedly anticompetitive processes in the debit card industry, The Wall Street Journal reported, citing unnamed sources. The antitrust arm of the Justice Department has been collecting data and asked if Visa had restricted the ability...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Seismic shocks ahead for Big Tech loom — certainly in China, and almost certainly for firms here in the U.S. Bloomberg reported on Friday (March 12) that Tencent and Baidu have been censured by the nature’s antitrust regulators. Tencent and Baidu have been fined 500,000 yuan each...
