After the agreement on the Digital Markets Act last week and the soon-to-be approved Digital Service Act, the EU is poised to use the political tailwind to continue with the modernization of its competition laws. Get the Full Story Complete the form to unlock this article...
A commercial litigator in the U.K. is filing a class-action lawsuit on behalf of a large group of clients contesting multilateral interchange fees (MIFs) charged by Visa and Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Student loan servicer Edfinancial Services lied to borrowers about their forgiveness and repayment options, the Consumer Financial Protection Bureau said Wednesday (March 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.S. Department of Justice (DOJ) is accelerating its investigation into whether Google Maps’ practice of bundling the service with other Google software goes against anti-competition practices, Reuters reported Wednesday (March 30). Get the Full Story Complete the form to unlock this article and enjoy...
The Department of Justice (DOJ) has just officially endorsed the proposed American Innovation and Choice Online Act that mainly prohibits giant digital platforms like Amazon and Google from giving preference to their own products and services over those of competitors, marking the Biden administration’s first full-throated...
In a speech at the University of Pennsylvania Monday (March 28), Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra urged regulators and enforcers, including the CFPB, to step up their game against repeat offenders — and in particular, against large financial institutions. Get the Full...
A California man has been convicted by a federal jury of submitting fraudulent applications for funds from the Paycheck Protection Program (PPP) and money laundering, the U.S. Department of Justice announced Tuesday (March 29). Get the Full Story Complete the form to unlock this article...
Even though states are enacting privacy and data laws across the country, the U.S. doesn’t have a federal privacy law. Yet, this lack of federal legislation doesn’t mean that the U.S. isn’t protecting people’s privacy at federal level — the Federal Trade Commission (FTC) is...
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