Legal & Regulation

ANTITRUST
Facebook Antitrust Investigation Centers On Acquisitions
August 01, 2019

The Wall Street Journal is reporting that the Federal Trade Commission’s (FTC) antitrust investigation is looking into Facebook’s acquisitions to determine whether it bought other companies to prevent them from becoming rivals. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
eBay Files Suit Against Amazon For Soliciting Sellers
August 01, 2019

Online commerce platform eBay has filed a lawsuit against Amazon claiming the eCommerce giant was trying to steal its sellers through eBay’s private messaging system, according to a report by The New York Times. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
UK Regulator Says Stablecoins Are EMoney
July 31, 2019

The Financial Conduct Authority (FCA) has issued updated guidance on the U.K.’s cryptocurrency market. 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...

Legal & Regulation
Albania Rolling Out E-Invoicing System To Ensure Tax Compliance
July 31, 2019

Albania has announced it will implement a new online billing system to prevent businesses from circumventing tax payments and to boost revenue in the country, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bank Regulation
OCC Beefs Up Banking Oversight
July 31, 2019

The Office of the Comptroller of the Currency (OCC) has announced that it’s going to realign about 150 staff members in two new units, the organization said in a press release.   Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Chinese Banks Held In Contempt By US
July 30, 2019

An appeals court in the U.S. has upheld the decision by a lower court to hold three Chinese banks in contempt for not turning over information requested in a subpoena, according to a report by the Financial Times. Get the Full Story Complete the form...

Legal & Regulation
Citigroup Fined $1.25M For Background Check Infractions
July 29, 2019

The Financial Industry Regulatory Authority (FINRA) has fined Citigroup’s global markets business $1.25 million for not performing background checks on thousands of non-registered employees for a period of seven years, according to a report by Reuters. Get the Full Story Complete the form to unlock...

Legal & Regulation
EU Courts: Companies Accountable For Data From Facebook’s ‘Like’ Button
July 29, 2019

Third-party websites using Facebook’s “Like” button are responsible for processing people’s data under the European Union’s privacy rules, the EU’s top court ruled on Monday (July 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Alcohol Sales Banned On Facebook, Instagram
July 26, 2019

While alcohol and tobacco sales were already prohibited on Marketplace, Facebook is now extending the policy: Sales of those products will not be allowed any longer between users on Facebook or Instagram, CNBC reported. Get the Full Story Complete the form to unlock this article...