Legal & Regulation

ANTITRUST
EU Digital Chief Advocates For Tighter Rules, No Break Up For Big Tech
October 28, 2020

European Union digital chief Margrethe Vestager has argued against breaking up Big Tech companies, which is contrary to what some officials want to see in terms of dividing Amazon or Apple into smaller companies, according to a report from 9to5Mac. Get the Full Story Complete...

ANTITRUST
German Authority Opens Probe Into Amazon, Apple Over Alleged Anticompetition
October 28, 2020

German antitrust regulators are investigating both Amazon and Apple over possible anticompetitive behavior in the country, according to German Frankfurter Allgemeine Zeitung, quoted by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

AML
Fed Reserve, FinCEN Seek Input On Bank Secrecy Act Rule Changes
October 28, 2020

The Financial Crimes Enforcement Network (FinCEN) and the Federal Reserve Board are seeking comment on a proposed rule that would amend recordkeeping and travel rule regulations under the Bank Secrecy Act, the two agencies said in a joint statement. Get the Full Story Complete the...

ANTITRUST
Regulators Reckon With Big Tech Global Hysteria
October 27, 2020

Regulators the world over aren’t feeling the love for Big Tech these days. 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 Today....

Legal & Regulation
Big Tech Compliance Tracker: Google Encounters Justice Department Suit; UK CMA Chief Wants Gov’t To...
October 26, 2020

Here’s the latest news from Google and the technology industry, which is coming under increasing scrutiny from regulatory watchdogs and cabinet departments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
India’s Future Retail Says It Faces Selloff If Reliance Deal Falls Through
October 26, 2020

India-based Future Retail is facing liquidation if it can’t enter into Reliance‘s deal to purchase assets, according to Reuters, citing a legal order in which Future said so to a Singapore-based arbitrator. Get the Full Story Complete the form to unlock this article and enjoy...

ANTITRUST
Multi-Billion Dollar Deal Between Apple, Google Threatened By Antitrust Lawsuit
October 26, 2020

A 15-year deal between Google and Apple that nets the latter billions of dollars every year is now threatened by a landmark antitrust lawsuit brought against the search giant by the U.S. Department of Justice (DOJ), according to several media reports, including The Wall Street...

Legal & Regulation
EU Big Tech Legislation Gets Backlash From Booking.com
October 26, 2020

Brussels-based Booking.com is speaking out against the European Union’s plans to regulate the reservation site as a “gatekeeper” in the hotel industry, according to a report in the Financial Times.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

ANTITRUST
Google’s Rivals Call Antitrust Case A Start For An Expanded Case
October 25, 2020

Google rivals who have complained for years about what they decried as a hands-off approach to the Silicon Valley giant from competition regulators around the world are beginning to sound a different theme following the recent Department of Justice lawsuit against the company, CNBC reported....