Digital platforms are under scrutiny in many jurisdictions. In the U.S. and the EU, there are significant bill projects that will regulate how platforms interact with their competitors. In the EU, the Digital Markets Act (DMA) is moving toward final approval, while in the U.S....
Italian cloud provider Aruba SpA and several Denmark-based cloud providers have filed a complaint against Microsoft Corp with the European Union’s antitrust watchdog, charging Microsoft with undermining its competition and limiting consumers’ cloud computing services choice, Bloomberg reported Wednesday (April 13). Get the Full Story...
Former Treasury official Michael Barr is President Joe Biden’s leading contender to serve as the vice chairman of banking supervision for the Federal Reserve, according to multiple media reports on Wednesday (April 13) citing unnamed sources with insider information. Get the Full Story Complete the...
Apple Inc. CEO Tim Cook used a speech to privacy professionals in Washington, D.C., to warn that proposed antitrust legislation will make iPhones less safe and put users at risk to companies seeking to elude its privacy features, The Wall Street Journal reported Tuesday (April 12). Get...
The Consumer Financial Protection Bureau (CFPB) on Tuesday (April 12) filed a lawsuit against TransUnion, two of its subsidiaries and longtime executive John Danaher for violating a 2017 law enforcement order related to alleged deceptive marketing on credit scores and credit products. Get the Full...
Federal Trade Commission (FTC) Chair Lina Khan said on Monday (April 11) that it is time for the agency to “reassess” rules around what data companies can collect from consumers. She called for a new approach to consumer data protection to replace the companies’ privacy...
The Consumer Financial Protection Bureau (CFPB) published its semi-annual report on April 6, detailing everything what the agency has done for most of the last year. In a 100-page document, the agency explains its advocacy efforts to help consumers, the enforcement actions taken against companies and...
The U.S. Treasury published a report on Thursday (April 7) titled “The State of Labor Market Competition” that summarized the impact of uncompetitive firm behavior in labor markets. The report discusses how excessive concentration in the market, non-compete agreements or the misclassification of workers may...
On Thursday April 7, the Federal Deposit Insurance Corporation (FDIC) announced that it will require all the institutions that it supervises to notify if they are engaged or intent to engage in any activity involving or related to crypto assets. The FDIC will review the...
