U.S. regulators are eyeing complaints that Facebook is muscling out the competition in the virtual reality area, as more than 40 states gear up to file an antitrust lawsuit against the company next week. The latest point of contention over antitrust issues comes after comments from Joe...
India, in a bid to curb antitrust concerns, is trying a new strategy, putting a 30 percent cap on what a single player can grab from transactions, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
In the coming months, Big Tech will face considerable operational changes — and challenges — in Europe. After the General Data Protection Regulation (GDPR), which took root in 2018 and changed data collection and dissemination, now looms the Digital Services Act (DSA) — or package, when...
European Union competition watchdogs are looking to not only rein in today’s Big Tech online platforms, but also create rules that would prevent new companies from achieving market dominance in the future, a top EU regulator says. Get the Full Story Complete the form to...
U.S. President-elect Joe Biden has been urged by 32 antitrust consumer advocates and labor experts not to let Big Tech influence his administration, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from legislators and government agencies throughout the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
President-elect Joe Biden rounded out his economics team on Monday (Nov. 30) by appointing two women to top posts. He also officially named Janet Yellen, former head of the Federal Reserve, as treasury secretary. Get the Full Story Complete the form to unlock this article...
The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook, authorities announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
