The Federal Trade Commission (FTC) and 46 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. 9), accusing the social media network of “illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct,” according to a press release. Get the...
Congress is expected this week to vote for the first overhaul of the country’s anti-money laundering (AML) laws in decades, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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Additional states could bring more antitrust lawsuits against Google, Texas Attorney General Ken Paxton said during a Tuesday (Dec. 8) panel discussion with global competition officials, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The U.K. government is moving to regulate Big Tech by establishing a new watchdog group aimed at encouraging competition within the digital sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
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Here’s the latest news from the technology industry, which is coming under increasing 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. yesSubscribe...
Federal and state antitrust regulators could file lawsuits against Facebook very soon, Bloomberg reported on Monday (Dec. 7), citing sources. 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...
European Union (EU) guidelines released on Monday (Dec. 7) ask that Google, Amazon and other digital platforms provide an explanation about how search results are ranked. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...