The United Kingdom has launched what it calls a “tough new regulator” to ensure companies like Google and Facebook can’t stifle competitors and innovation using their outsized place in the market, according to a Wednesday (April 7) announcement. Get the Full Story Complete the form...
A leading securities regulator issued a warning on the rise of fundraising through blank check companies, The Wall Street Journal reported Wednesday (April 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Some regulations lifted to help businesses and consumers survive the COVID-19 pandemic have bipartisan support in being permanently nixed as the world starts returning to normal, The Wall Street Journal reported on Tuesday (April 6). Get the Full Story Complete the form to unlock this...
Big technology platform players like Facebook and Google could see massive changes in regulations if U.S. Supreme Court Justice Clarence Thomas gets traction on his idea that the segment should be regulated like utilities, CNBC reported on Tuesday (April 6). Get the Full Story Complete...
Under a new set of Consumer Financial Protection Bureau (CFPB) rule changes, avoidable foreclosures would be able to be prevented, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Financial Conduct Authority, the U.K.’s markets regulator, released plans Wednesday (March 31) to reform its rules governing special-purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.K.’s Payment Systems Regulator (PSR) has accused five companies in the prepaid card market of operating as a “cartel” by agreeing to not compete or poach each other’s customers. The PSR issued a statement of objection on Wednesday (March 31) based on the behavior of...
Delivery service DoorDash is suing business partner Olo, accusing the software provider of overcharging it by millions of dollars for several years. Olo had acknowledged in a legal filing ahead of its initial public offering of stock that DoorDash was seeking “damages in excess of...
Fortnite creator Epic Games filed an official complaint with the U.K. Competition and Markets Authority (CMA) as a way to voice solidarity in the antitrust regulator’s investigation into Apple, Reuters reported on Tuesday (March 30). Get the Full Story Complete the form to unlock this article...
