Legal & Regulation

ANTITRUST
EU’s Digital Rules Draft May Not Include Big Tech Breakup, Antitrust Chief Says
November 01, 2020

The European Union’s chief antitrust regulator told a German newspaper in an interview published Sunday (Nov. 1) that she sees no reason to break up Google or other big tech companies, according to Reuters. Get the Full Story Complete the form to unlock this article...

ANTITRUST
Judge Assigns November Deadlines In Google DOJ Lawsuit
October 30, 2020

U.S. Judge Amit Mehta set a series of November deadlines in the antitrust lawsuit filed by the U.S. Justice Department (DOJ) against Alphabet’s Google, Reuters reported on Friday (Oct. 30).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bank Regulation
REPORT: Consumer Privacy Concerns Demand Regulatory Compliance
October 30, 2020

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Legal & Regulation
Judge Orders Insurer To Pay Restaurant For COVID Losses
October 29, 2020

A North Carolina judge has ruled that an insurance company that sold business interruption coverage to the owners of two high-profile restaurant groups in the state must reverse course and pay claims stemming from pandemic-related closures. Get the Full Story Complete the form to unlock...

ANTITRUST
EU Court Rules Facebook Must Store Data In ‘Virtual Data Room’
October 29, 2020

The European Union’s (EU) second-highest court ruled that Facebook can’t be forced to turn over sensitive information without a review. Instead of handing everything over, the ruling stated that Facebook should instead cooperate with antitrust regulators by identifying the information and storing it in a...

ANTITRUST
EU Digital Chief Advocates For Tighter Rules, No Break Up For Big Tech
October 28, 2020

European Union digital chief Margrethe Vestager has argued against breaking up Big Tech companies, which is contrary to what some officials want to see in terms of dividing Amazon or Apple into smaller companies, according to a report from 9to5Mac. Get the Full Story Complete...

ANTITRUST
German Authority Opens Probe Into Amazon, Apple Over Alleged Anticompetition
October 28, 2020

German antitrust regulators are investigating both Amazon and Apple over possible anticompetitive behavior in the country, according to German Frankfurter Allgemeine Zeitung, quoted by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

AML
Fed Reserve, FinCEN Seek Input On Bank Secrecy Act Rule Changes
October 28, 2020

The Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve Board are seeking comment on a proposed rule that would amend recordkeeping and travel rule regulations under the Bank Secrecy Act, the two agencies said in a joint statement. Get the Full Story Complete the...

ANTITRUST
Regulators Reckon With Big Tech Global Hysteria
October 27, 2020

Regulators the world over aren’t feeling the love for Big Tech these days. 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....