Legal & Regulation

Legal & Regulation
Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block...
November 16, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers 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...

ANTITRUST
FTC, Lawmakers Turn Sour On M&A; Could Innovation Suffer?
November 16, 2020

M&A DOA? Maybe. 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 Today. By completing this form, you agree to receive marketing communications...

Legal & Regulation
New Digital Rules Could Allow EU To Ban Tech Services
November 15, 2020

European Union regulators may get new powers to ban internet companies that violate anti-competition rules, a top EU official told a German magazine, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
Tencent Vows To Comply With Chinese Regulators’ Increasing Oversight
November 13, 2020

As government regulators in China increase tech industry oversight, Tencent said it will comply with new laws intended to curb antitrust activities and tighten FinTech acceleration, according to a Bloomberg report on Friday (Nov. 13), Get the Full Story Complete the form to unlock this...

Legal & Regulation
As The SCA Deadline Approaches, Issuers Struggle With Preparedness
November 13, 2020

The end of the year marks the deadline for European migration to strong customer authentication (SCA), a 15-month extension from the original deadline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

ANTITRUST
FTC Chair: Companies Buying Startups Could Be Seen As Anti-Competitive
November 12, 2020

Joe Simons, chair of the U.S. Federal Trade Commission (FTC), said antitrust enforcers should be on guard against dominant companies buying emerging startups, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
Sen. Klobuchar: DOJ Suit Against Google Doesn’t Rule Out A Breakup
November 12, 2020

Sen. Amy Klobuchar, in talks for a possible attorney general position in the President-elect Joe Biden administration, has voiced support for the U.S. Department of Justice‘s move to leave open options for structural remedies in a lawsuit against Google that may mean breaking up the...

Legal & Regulation
Amazon Takes Aim at Counterfeiters, Collaborators In Federal Lawsuit
November 12, 2020

Luxury product rip-off artists and their social media accomplices beware: Amazon is coming after you. 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
Google Critics From US, UK Demand Prompt Antitrust Enforcement
November 12, 2020

A group of 165 companies and industry associations — from the U.S. and U.K as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible, according to a Reuters...