Legal & Regulation

Legal & Regulation
EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance 
November 11, 2020

The European Data Protection Board (EDPB) adopted recommendations to assist data exporters with evaluating countries to ensure that they are adhering to the bloc’s level of protection under the EU General Data Protection Regulation (GDPR) and finding further measures as needed. Get the Full Story...

Legal & Regulation
China Releases Draft Rules To Prevent Tech Monopolies
November 10, 2020

China’s efforts to ramp up its regulatory game continued on Tuesday (Nov. 10) with the release of draft rules for governing eCommerce giants and payments services with the goal of curbing monopolistic behavior, Reuters reported. Get the Full Story Complete the form to unlock this...

Legal & Regulation
Big Tech Compliance Tracker: EU Prepares To Propose New Big Tech Regulations; Turkey Fines Big...
November 09, 2020

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. 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
Indian Antitrust Regulator Targets Google Over Google Pay Concerns
November 09, 2020

India’s competition watchdog is taking aim at Google for allegedly abusing its market power to push its payments app in one of the world’s fastest-growing markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
What’s Ahead for Financial Services In A Biden Administration?
November 09, 2020

The transition into a new presidential administration heralds changes, with some gradual — and in other cases, sweeping — shifts in financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Future Retail To Amazon: Stop Meddling In $3.4B Asset Sale
November 08, 2020

Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4 billion asset sale deal with Reliance Industries and has challenged the U.S. eCommerce giant in a New Delhi court, Reuters reported. Get the Full Story Complete the form to unlock this...

Legal & Regulation
EU Eyes Reclassifying Airbnb, May Bring Stricter Rules
November 08, 2020

European Union regulators determining how to implement new rules governing dominant internet players may include short-term rental leaders Airbnb and Booking.com on a list of companies the guidelines cover, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
NPCI’s New Third-Party Payments Growth Cap Will Impact Google, Walmart
November 05, 2020

As Google and Walmart battle for market share in India’s fast-growing payments sector, they face a new obstacle. 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...

ANTITRUST
US Justice Department Sues Visa To Block Its Planned $5.3B Plaid Acquisition
November 05, 2020

The U.S. Department of Justice sued Visa on Thursday (Nov. 5) to block its planned $5.3 billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company’s control of the online debt market. Get the Full...