The European Union is set to launch an antitrust investigation into Facebook’s acquisition of customer service startup Kustomer. 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...
The Philippines central bank, Bangko Sentral ng Pilipinas (BSP), has mandated that the social media platform Lyka to suspend its activities as an operator of payment systems (OPOs) as area officials crack down on FinTech rules. Get the Full Story Complete the form to unlock this...
The Federal Trade Commission (FTC) voted on Wednesday (July 21) to strengthen restrictions against policies that push consumers to use licensed dealers to repair products; everything from iPhones to farm equipment. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Jonathan Kanter, a Google critic and progressive favorite, will lead President Joe Biden’s Justice Department antitrust division, CNBC writes. 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...
Europe’s General Court in Luxembourg has set November 10 as the date it will rule on Google’s challenge to the €2.4 billion ($2.8 billion) antitrust fine levied by the European Union (EU), Reuters reported on Tuesday (July 20), citing sources. The ruling is the first...
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,...
Flipkart, which is owned by Walmart, doesn’t think it should be treated like Amazon in an Indian antitrust suit, U.S. News reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
LendingClub, the online lender, has agreed to pay $18 million in order to settle charges of reportedly deceiving customers, the Federal Trade Commission (FTC) reported Thursday (July 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
European Union Executive Vice President Margrethe Vestager said she thinks the future of U.S. and EU alignment on competition enforcement looks bright, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
