Regulators

Chinese Regulators Prepare To Crack Down On Luckin Coffee

Chinese Regulators Prepare To Crack Down On Luckin Coffee
Chinese Regulators Prepare To Crack Down On Luckin Coffee
July 31, 2020  |  Security & Fraud

Regulators in China are preparing to move against once-hot Luckin Coffee Inc., which admitted booking millions of dollars in nonexistent sales, The Wall Street Journal...

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EU Seeks Pledge From Google Prior To Sealing Fitbit Deal
EU Seeks Pledge From Google Prior To Sealing Fitbit Deal
July 23, 2020  |  ANTITRUST

Google will have to make “major concessions” to win speedy European Union approval of its planned purchase of Fitbit, the Financial Times reported on Thursday...

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FTC Presses For Testimony From Facebook’s Zuckerberg, Sandberg
FTC Presses For Testimony From Facebook’s Zuckerberg, Sandberg
July 17, 2020  |  ANTITRUST

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate...

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EU To Examine German Regulators’ Oversight Of Wirecard
EU To Examine German Regulators’ Oversight Of Wirecard
July 15, 2020  |  Regulation

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG, the collapsed...

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India’s Investor Laws Blocks Food Delivery Startup Zomato From Chinese Investor Money
India’s Investor Laws Blocks Food Delivery Startup Zomato From Chinese Investor Money
July 06, 2020  |  Delivery

Zomato, the $3 billion Indian food startup, has been cut off from its biggest Chinese investor Ant Financial amid new Indian regulations, The Financial Times...

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EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
EU Regulators To Decide On Mastercard’s $3.2B Nets Bid By Aug. 3
June 30, 2020  |  ANTITRUST

The European Commission’s antitrust regulators are poised to rule on whether Mastercard’s $3.2 billion bid for part of the Scandinavian payments company Nets can go...

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German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
German Finance Minister Calls For Regulatory Reform Amid Wirecard Scandal
June 23, 2020  |  Regulation

Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed...

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Ant Financial Changes Name Amid Regulatory Scrutiny
Ant Financial Changes Name Amid Regulatory Scrutiny
June 22, 2020  |  Regulation

What’s in a name? Apparently, a lot – if you are dealing with Chinese regulators. Get the Full Story Complete the form to unlock this...

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UK Regulators Extend Hold On Amazon/Deliveroo Deal
UK Regulators Extend Hold On Amazon/Deliveroo Deal
June 10, 2020  |  ANTITRUST

Amazon is left cooling its heels again in its bid to buy a piece of Deliveroo, a top food delivery service in the United Kingdom....

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