investigations

French Competition Agency: Banks Risk ‘Marginalization’ In Face Of Big Tech, FinTechs

French Competition Agency: Banks Risk ‘Marginalization’ In Face Of Big Tech, FinTechs
French Competition Agency: Banks Risk ‘Marginalization’ In Face Of Big Tech, FinTechs
April 29, 2021  |  Banking

France’s competition agency has concluded an investigation into banks, Big Tech and the financial technology (FinTech) sectors, with a warning that vigilance is needed due...

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Apple To Face EU Antitrust Charge Later This Week
Apple To Face EU Antitrust Charge Later This Week
April 27, 2021  |  ANTITRUST

The European Union (EU) is set to hit Apple with an antitrust charge later this week after a two-year probe into the iPhone maker’s alleged...

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China Expands Big Tech Probe To Focus On Meituan
China Expands Big Tech Probe To Focus On Meituan
April 26, 2021  |  Cross-border Payments

Chinese regulators are taking an even closer look at Meituan, an app that lets users order a variety of services that include meal delivery as...

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Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
Wirecard Staff Reportedly Took Large Sums Of Cash From HQ
April 22, 2021  |  Cybersecurity

Wirecard staffers reportedly took millions of euros in funds from the firm’s German base in plastic bags during a timeframe that spanned years, the Financial...

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German Prosecutors To Investigate BaFin Over Wirecard Scandal
German Prosecutors To Investigate BaFin Over Wirecard Scandal
April 12, 2021  |  Legal & Regulation

Prosecutors in Frankfurt are opening a criminal investigation into the way Germany’s financial regulatory authority BaFin supervised Wirecard AG, and whether a portion of the...

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British Regulator Accuses Prepaid Card Companies Of ‘Cartel-Like’ Behavior
British Regulator Accuses Prepaid Card Companies Of ‘Cartel-Like’ Behavior
March 31, 2021  |  Legal & Regulation

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...

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Amazon Asks India To Hold Off On New eCommerce Rules
Amazon Asks India To Hold Off On New eCommerce Rules
March 25, 2021  |  eCommerce

As India’s digital commerce battle heats up, the government is investigating Amazon’s business practices and is eyeing new regulations for eCommerce companies. India’s regulators are...

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UK Competition Watchdog Begins Facebook Probe Over Data Usage
UK Competition Watchdog Begins Facebook Probe Over Data Usage
March 19, 2021  |  ANTITRUST

The Competition and Markets Authority (CMA), Britain’s antitrust watchdog, is planning an investigation into how Facebook handles user data, the Financial Times (FT) reported on Friday...

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