Legal & Regulation

Legal & Regulation
Congress Calls For New Pandemic Stimulus Round ASAP
December 16, 2020

Democratic congressional leaders are looking to approve a second stimulus check as part of the next coronavirus relief bill, the Wall Street Journal reported on Wednesday (Dec. 16).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
EU Releases First Drafts For Digital Services, Digital Markets Acts
December 15, 2020

The European Commission released on Tuesday (Dec. 15) extensive potential new regulations for digital services that would cover online marketplaces, social media and other platforms, offering first drafts for the Digital Markets Act (DMA) and the Digital Services Act (DSA) to the public. The draft...

Bank Regulation
UK Regulators Fine Barclays $31 Million For Poor Treatment Of Credit Customers
December 15, 2020

The U.K.’s Financial Conduct Authority (FCA) has fined Barclays £26 million ($31.6 million) for its treatment of consumer credit customers who fell into arrears on their loans or experienced other financial difficulties. Get the Full Story Complete the form to unlock this article and enjoy...

ANTITRUST
EU Threatens Big Tech Breakup Over Anti-Competitive Practices
December 15, 2020

As Brussels published its tech legislation drafts, the European Union (EU) warned that it would break up Big Tech for repeated practices that are deemed anti-competitive, the Financial Times (FT) reported on Tuesday (Dec. 15). Get the Full Story Complete the form to unlock this...

Legal & Regulation
Big Tech Compliance Tracker: France Fines Amazon And Google $164 Million; Australia Warns Facebook And...
December 14, 2020

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments around the world. 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...

Legal & Regulation
All Eyes On Congress As New Stimulus Bill Takes Shape
December 14, 2020

The pending release of a $908 billion bipartisan stimulus in Congress on Monday (Dec. 14) is likely to trigger further frenzied rounds of talks, as sticking points remain and an end-of-the-week deadline looms. Get the Full Story Complete the form to unlock this article and...

ANTITRUST
China’s Antitrust Regulators Fine Alibaba, Tencent Subsidiary For Past Deals
December 14, 2020

China’s antitrust regulators are taking more strident action in reviewing mergers and other deals made by players in that nation’s booming internet sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
CEOs To Biden: Easy Does It On Regulation, Don’t Raise Corporate Taxes
December 13, 2020

The incoming administration of President-elect Joe Biden should avoid the broad-based use of tariffs, re-engage allies and spend more on education — but preserve the President Donald Trump administration’s tax and regulation cuts, nearly 300 CEOs assembled for a virtual Wall Street Journal conference said....

Legal & Regulation
California Wants To Join DOJ’s Google Antitrust Lawsuit
December 11, 2020

The state of California is looking to join the Department of Justice‘s (DOJ) antitrust lawsuit against Google, a report from The Wall Street Journal says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...