Legal & Regulation

ANTITRUST
Flipkart, Amazon Solicit India’s Court To Cease Requests For Sensitive Info
July 29, 2021

India’s highest court is planning to hear concerns from Amazon and Walmart’s Flipkart that claim the country’s antitrust inquiries have been demanding confidential data, Reuters reported on Thursday (July 29), based on documents seen by Reuters but not made public. Get the Full Story Complete...

ANTITRUST
FTC Sees Most Merger Filings In 2 Decades, Chair Says
July 28, 2021

The Federal Trade Commission (FTC) is dealing with a rise in mergers that has amounted to the highest number of filings in 20 years, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
FTC Members Question Changes To Panel’s Powers
July 28, 2021

A house hearing Wednesday regarding the Federal Trade Commission (FTC) has seen some Republican members disagreeing with how the administration is evolving, The Financial Times (FT) wrote Wednesday (July 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Robinhood Under Probe For CEO’s FINRA Non-Registration Status
July 28, 2021

Robinhood and CEO Vlad Tenev are under investigation after it was found out Tenev isn’t licensed by Wall Street regulator the Financial Industry Regulatory Authority (FINRA), CNN reported. His lack of a license was reported over five months ago. Get the Full Story Complete the...

Legal & Regulation
UK Strengthens SPAC Investor Protections
July 27, 2021

Expect to see the pace of deals across the U.K. involving special purpose acquisition companies (SPACs) pick up significantly later this summer and beyond when new rules by the Financial Conduct Authority take hold across the region. Get the Full Story Complete the form to...

Legal & Regulation
Big Tech Compliance Tracker: FTC Aims To Restore ‘Right To Repair’; Facebook, Telegram Face Russian...
July 26, 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,...

Legal & Regulation
Another Chinese Regulator Cracks Competition Whip At Big Tech
July 26, 2021

China is continuing its crusade to put the regulatory squeeze on Big Tech firms in the country, ordering them to reel in anti-competitive behaviors and threats to data security, among other issues, The Wall Street Journal (WSJ) reported on Monday (July 26), citing the country’s Ministry of...

Legal & Regulation
Is The White House’s Big Tech Executive Order A Solution In Search of A Problem?
July 26, 2021

President Joe Biden kicked off the month of July with a bang, signing a sweeping executive order (EO) aimed at promoting competitive markets across the U.S. economy and limiting what the White House has described as corporate dominance that puts consumers, workers and smaller companies...

Legal & Regulation
Biden Administration, TikTok Agree To Drop Lawsuit
July 25, 2021

Under the U.S. President Joe Biden administration, a lawsuit from the President Donald Trump era attempting to ban TikTok from American shores won’t be going forward, CNN reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...