Legal & Regulation

ANTITRUST
DOJ Associate AG Pledges Strong Antitrust Enforcement
September 15, 2021

Associate Attorney General Vanita Gupta has come out strongly against “killer” acquisitions, according to remarks she made Tuesday (Sept. 14) at an antitrust enforcement symposium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bank Regulation
Sen. Elizabeth Warren Recommends Breaking Up Wells Fargo
September 15, 2021

Sen. Elizabeth Warren said she thinks the Federal Reserve needs to break up Wells Fargo over what she referred to in a letter on Monday (Sept. 13) as repeated instances of misconduct. Get the Full Story Complete the form to unlock this article and enjoy...

Bank Regulation
Bank of England’s Red Flags on Banks’ Data May Have Open Banking Ripple Effects 
September 14, 2021

They say a chain is only as strong as its weakest link. Extending that logic a bit, it follows that open banking, underpinned by data, is only as reliable as the data itself. To that end, some red flags over data practices have just been raised...

Legal & Regulation
Apple Nets $6M From Fortnite Maker Following Court Order
September 14, 2021

Epic Games, the company behind the wildly popular Fortnite game, has paid Apple $6 million for breaching the company’s App Store guidelines, according to a recent report from Apple Insider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Report: Georgetown Privacy Professor Bedoya is Biden’s FTC Commissioner Nominee
September 13, 2021

President Joe Biden will nominate Georgetown University law professor and privacy law expert Alvaro Bedoya as a Democratic commissioner on the Federal Trade Commission, according to a Bloomberg report that cited a person familiar with the situation. Get the Full Story Complete the form to...

ANTITRUST
DC AG Racine Expands Scope of Amazon Antitrust Complaint
September 13, 2021

District of Columbia Attorney General Karl Racine widened the scope of his antitrust complaint against Amazon, bringing its relationship with wholesale suppliers under the microscope, CNBC reported Monday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Big Tech Compliance Tracker: China Demands ‘Walled Gardens’ Opened; Fortnite Still Banned From South Korea...
September 13, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...

Bank Regulation
OCC Begins Public Civil Trial Against Former Wells Fargo Execs
September 13, 2021

A civil trial began on Monday (Sept. 13) against three former Wells Fargo executives for their alleged roles in the bank’s misconduct scandal, the Office of the Comptroller of the Currency (OCC) announced. Get the Full Story Complete the form to unlock this article and...

ANTITRUST
Fortnite Maker Will Appeal Apple Antitrust Ruling
September 13, 2021

Epic Games, the company behind the wildly popular video game Fortnite, says it will appeal last week’s ruling in the company’s federal antitrust case against Apple, Reuters reported on Sunday (Sept.12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...