August 21, 2023
Chinese eCommerce Giants Embrace Lower-Priced Goods
Consumers in China have started trading down, and the country’s eCommerce giants are acting accordingly. Companies like Alibaba and JD.com have launched campaigns to promote lower-priced items, The Wall Street Journal (WSJ) reported Monday (Aug....
August 20, 2023
Big Tech Faces ‘Glass-Steagall Moment’ in Europe
Big tech companies like Google and Apple will soon face sweeping new regulations in Europe. As The Wall Street Journal noted in a report Sunday (Aug. 20), the new laws...
August 20, 2023
India Uses AI to Bring Voice-Activated Mobile Payments
India is using artificial intelligence (AI) to expand digital payments to rural areas. As the Financial Times (FT) noted in a report Saturday (Aug. 19), while India’s Universal Payments Interface (UPI) is...
August 20, 2023
Some Borrowers See Student Loan Relief Despite Court Ruling
Earlier this summer, the Supreme Court struck down President Joe Biden’s student loan forgiveness plan. It was bad news for many borrowers, but not all of them. As Bloomberg News reported Sunday...
August 20, 2023
Settlement and Commitments in India: Tools for Effective and Timely...
By Sonam Mathur, Shubhang Joshi & Riya Shah1 In April 2023, the Indian Parliament passed the Competition Amendment Act, 2023 (“Amendment Act”), to amend the Competition Act, 2002 (“Competition...
August 20, 2023
EU Commission Examines Qualcomm’s Planned Takeover of Autotalks
The U.S. chipmaker, Qualcomm, will have to seek approval from the European Union’s antitrust regulator for its planned takeover of the Israeli auto-chip maker Autotalks. This announcement came on Friday,...
August 20, 2023
California AG Probes Kroger’s Acquisition of Albertsons Over Food Desserts
California Attorney General Rob Bonta voiced his concern over Kroger’s planned $24.6 billion acquisition of Albertsons, concerning the potential lack of access to pharmacies in poorer parts of cities or...
August 19, 2023
30% of Consumers Swap Instant for Slower Payments to Avoid...
Buoyed by growing consumer preference for faster payments, instant disbursements have gained popularity in recent years. The recent launch of the FedNow instant payments system has further underscoring that demand. ...
August 18, 2023
This Week in AI: China’s Regulations Go Live While Use-Cases...
The wheels of the generative artificial intelligence (AI) marketplace keep moving forward. And their innovative turns are driving the emergent AI sector toward an exciting future, both from a regulatory...