Legal & Regulation

ANTITRUST
Antitrust Regulators Investigate Proposed Dairy Megamerger
January 27, 2020

Regulators are looking into a possible merger between Dean Foods and Dairy Farmers of America (DFA) and its potential antitrust implications for the industry, according to a report by The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Big Tech Firms Call For Industry Regulations
January 27, 2020

Big Tech companies like Apple and Facebook have lately had a contentious relationship with regulators and lawmakers over issues like privacy, use of personal data and perceived bias. At times, the firms have pushed back against the idea that they need to be regulated. Get...

AML
Deep Dive: Payment Service Providers Level Up KYC, AML Strategies
January 27, 2020

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ANTITRUST
DOJ, State AGs Could Combine Google Investigations
January 27, 2020

U.S. Department of Justice (DOJ) officials will meet with U.S. state attorneys general to share information about the ongoing investigation into Google’s alleged antitrust violations, according to unnamed sources cited by Reuters. The probe is centered on whether Google’s monopoly of the online search world...

CFPB
CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities
January 27, 2020

For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of what equates to “abusive” practices may scale back investigations (and fines) and some states seek to boost consumer protections. We...

Bank Regulation
EU Regulator Loosens Requirements For Bank Mergers
January 26, 2020

Europe’s main banking regulator, an arm of the ECB, is trying to make it easier for the continent’s financial lenders to merge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
DOJ To Review Liability Law For Online Content Companies
January 26, 2020

The U.S. Department of Justice (DOJ) is organizing a workshop to review a federal law that predominantly releases websites from legal culpability for anything their users post on their platforms, government sources told news outlets on Friday (Jan. 24). The Information reported that such a...

Bank Regulation
Wells Faces Continued Scrutiny After Scandals
January 24, 2020

Wells Fargo’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are continuing and don’t show any signs of abating any time soon, according to a report by Reuters. Get the Full...

Legal & Regulation
Takeaway.com’s Just Eat Buyout Faces Regulatory Setback
January 24, 2020

After a British competition body said it would probe its purchase of Just Eat, food delivery firm Takeaway.com said the forecasted timetable for its takeover would be longer than expected. Takeaway.com said in a statement that Just Eat would be known as Just Eat Takeaway.com...