Epic Games CEO Tim Sweeney will attend a weeks-long antitrust trial against Apple, Reuters reported. Apple’s Phil Schiller, who leads the App Store, will also be present at the trial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Lina Khan, the President Joe Biden nominee for chair of the Federal Trade Commission (FTC), said antitrust enforcers should be looking harder at the power Big Tech has over digital markets, including online journalism, app markets and more, Bloomberg reported. Get the Full Story Complete...
A bill passed by the U.S. House of Representatives this week would create a digital asset working group designed to promote collaboration between regulators and the private sector to encourage innovation, according to a press release from Financial Services Republicans. Get the Full Story Complete the...
Antitrust regulators in the U.K., Australia and Germany have issued a warning that the COVID-19 pandemic was not a reason to acquire companies that would stifle competition, Financial Times (FT) reported on Tuesday (April 20). Get the Full Story Complete the form to unlock this...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. 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...
The House of Representatives Judiciary Committee has approved a report that accuses companies like Apple, Amazon, Facebook and Google of acting as a monopoly. According to Reuters, the more-than-400 page report — the first such congressional review of the industry — became official on Thursday...
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The pandemic-driven digital payment surge has kept anti-money laundering (AML) teams on their toes, but many have focused too heavily on money laundering without rooting out the fraud that underpins it. In this month’s AML/KYC Tracker, Max von Both, senior vice president of compliance at...
Sen. Josh Hawley of Missouri has introduced the Trust-Busting for the Twenty-First Century Act, which a press release stated would take back control from big businesses and “return it to the American people” through cracking down on mergers and mega-acquisitions. Get the Full Story Complete...
