Legal & Regulation

Legal & Regulation
Big Tech Compliance Tracker: FTC, State Antitrust Suits Against Facebook Dismissed By US Court; Antitrust...
June 28, 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
Federal Judge Dismisses FTC Antitrust Complaint Against Facebook
June 28, 2021

A federal court on Monday (June 28) dismissed a Federal Trade Commission (FTC) antitrust complaint against Facebook, which could have forced the breakup of the social media giant from its Instagram and WhatsApp holdings. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
DeFi Apps Warn Against Increased Oversight In Global Virtual Event
June 27, 2021

Regulators, who almost by definition are centralized, are beginning to wrestle with the rise in decentralized finance, Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
‘Rent A Bank’ Fades For Payday Lenders, FIs Step In On Short-Term Loans 
June 25, 2021

The regulatory gaze on payday lending is tightening. To that end, as reported by the Associated Press, Congress has voted to overturn Trump-era regulations that let payday lenders sidestep state laws that cap interest rates. Get the Full Story Complete the form to unlock this...

Bank Regulation
Fed Stress Tests: Large Banks Have Enough Capital To Lend During ‘Severe’ Recession
June 24, 2021

If a severe recession happens, the Federal Reserve‘s new annual stress tests shows large banks could continue lending to both households and businesses, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ANTITRUST
Big Tech 6-Pack Of Antitrust Regulation Moves Forward In Congress
June 24, 2021

After a full day and most of a night’s worth of heated debate, the House Judiciary Committee has voted to approve legislation aimed at curbing the market dominance of tech giants — most notably Google, Apple, Amazon and Facebook. Get the Full Story Complete the...

ANTITRUST
Senate Judiciary Committee Presses Google, Amazon For Smart Home Info
June 23, 2021

The chair of the Senate Subcommittee on Competition Policy, Antitrust, and Consumer Rights has called on Amazon and Google’s Alphabet to extend more information about how smart home devices and virtual assistants will meet user privacy and competition requirements. Get the Full Story Complete the...

ANTITRUST
Google Faces Antitrust Case Over Mobile App Store
June 23, 2021

Attorneys general in at least four different states are readying an antitrust lawsuit against Google and its mobile app store, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Amazon Wins Grocery Voice Commerce Trial As Super-Connected Consumers Engage
June 23, 2021

Alexa, tell these guys that your grocery shopping features do not infringe any patents. 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, PYMNTS...