Legal & Regulation

Legal & Regulation
Uber, Lyft Drivers File Unemployment Lawsuit In NY
May 26, 2020

Four Uber and Lyft drivers are suing the state of New York over what they say is a failure to pay their unemployment during the coronavirus pandemic, the New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Uber Customer Asks Judge To Overturn Price-Fixing Ruling
May 26, 2020

An Uber customer who launched an antitrust lawsuit against the rideshare giant in 2015 asked a Manhattan federal judge on Friday (May 22) to overturn the decision, according to a Reuters report.  Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
The Flaw In Demonizing Big Tech
May 26, 2020

Between all the burger-flipping, and making sure your mask didn’t catch fire while you were doing it, you probably missed an important development that happened over the holiday weekend here in the U.S. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
FTC Charges Payday Lender With ‘Deceptively’ Overcharging Clients
May 22, 2020

After a payday lender allegedly left consumers to pay more than promised by drawing continued interest-only deductions, the Federal Trade Commission (FTC) has charged a lending operation with overcharging customers and taking money from their bank accounts without authorization. At the agency’s request, a federal court...

Legal & Regulation
EU Looks For Feedback In Regulating Tech Giants
May 20, 2020

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook, Amazon and Uber, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
First Data And Exec To Pay $40M To Settle FTC Fraud Case
May 19, 2020

Payments processing giant First Data Merchant Services and one of its executives will pay $40.3 million to settle allegations that they laundered credit card transactions for scams targeting hundreds of thousands of consumers, the Federal Trade Commission (FTC) said on Tuesday (May 19). Get the...

Legal & Regulation
Warren Calls For Prosecution Of Bailout Program Fraudsters
May 19, 2020

U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to prosecute company executives if they “provide fraudulent or misleading information or misuse funds.” Get the Full Story Complete the form...

ANTITRUST
Report: Google Likely To Face Antitrust Lawsuits
May 15, 2020

Google is likely to face antitrust lawsuits from the U.S. Department of Justice and a group of state attorneys general, The Wall Street Journal is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
House GOP Letter Decries M&A Moratorium
May 13, 2020

Six Republican lawmakers have opposed a Democratic Party initiative in Congress to ban mergers and acquisitions (M&A) between large companies during the pandemic, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...