Antitrust

In the United States, antitrust law is a collection of federal and state government laws that regulate the conduct and organization of business corporations and are generally intended to promote competition and prevent monopolies.

Source: en.wikipedia.org

Today In Payments: Big Tech CEOs Face Congress; Venmo Pilots Business Payments For Micro SMBs
Today In Payments: Big Tech CEOs Face Congress; Venmo Pilots Business Payments For Micro SMBs
July 02, 2020  |  News

In today’s top news, the CEOs of the four biggest tech companies will testify before Congress over antitrust issues, and Venmo introduced business payments for...

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EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
EU Questions Rivals About Competition Concerns In Google-Fitbit Deal
July 02, 2020  |  ANTITRUST

European regulators are investigating Google’s proposed $2.1 billion takeover of Fitbit, the San Francisco-based wearable technology maker, the Financial Times reported. Consumer and privacy groups have argued...

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Amazon, Google, Facebook, Apple CEOs To Face Congress
Amazon, Google, Facebook, Apple CEOs To Face Congress
July 02, 2020  |  ANTITRUST

The CEOs of the world’s four biggest technology companies will testify later this month before the House Judiciary Committee as lawmakers investigate competition in the...

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New EU Rules Target Google For Anti-Competitive Practices
New EU Rules Target Google For Anti-Competitive Practices
July 01, 2020  |  ANTITRUST

The European Union (EU) has leveled new rules against Google in a bid to help rein in the tech giant, including regulations on data sharing...

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Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
Brazil Regulator Lifts Suspension Of WhatsApp’s Pair-Up With Cielo
July 01, 2020  |  Payment Methods

Cade, the Brazilian antitrust watchdog, announced it would be reversing its decision to suspend the WhatsApp payment services partnership between Facebook and Brazilian card operator...

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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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Facebook, Cielo Ask Brazilian Watchdog To Allow WhatsApp Payments
Facebook, Cielo Ask Brazilian Watchdog To Allow WhatsApp Payments
June 29, 2020  |  ANTITRUST

Facebook and Cielo are requesting that Cade, Brazil’s antitrust watchdog, overturn the suspension of WhatsApp‘s payment system rollout in the country, Reuters reported. The companies...

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DOJ Nearing Decision On Antitrust Suit Against Google
DOJ Nearing Decision On Antitrust Suit Against Google
June 26, 2020  |  ANTITRUST

The U.S. Department of Justice (DOJ) is nearing the end of its antitrust investigation of Alphabet Inc’s Google as it considers whether to charge the...

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WhatsApp, Brazil Central Bank In Talks To Restore Payments Service
WhatsApp, Brazil Central Bank In Talks To Restore Payments Service
June 26, 2020  |  Digital Payments

WhatsApp, after Brazil’s central bank shut down its payment functions in the country earlier this week, has signaled that it could work things out soon,...

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