legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

FTC Mandates Data Collection Methods From Amazon, Facebook, TikTok
FTC Mandates Data Collection Methods From Amazon, Facebook, TikTok
December 14, 2020  |  Data

The Federal Trade Commission (FTC) has mandated that nine social media companies and streaming services — including Amazon, Facebook, TikTok, Reddit, and more — turn...

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California Wants To Join DOJ’s Google Antitrust Lawsuit
California Wants To Join DOJ’s Google Antitrust Lawsuit
December 11, 2020  |  Legal

The state of California is looking to join the Department of Justice‘s (DOJ) antitrust lawsuit against Google, a report from The Wall Street Journal says....

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Senate Overhauls AML Laws, Strengthens Beneficial Ownership Disclosure
Senate Overhauls AML Laws, Strengthens Beneficial Ownership Disclosure
December 11, 2020  |  AML

On Friday (Dec. 11), the U.S. Senate passed legislation that would strengthen anti-money laundering (AML) rules. The legislation would also ban anonymous shell companies. As...

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FTC, 46 States Launch Massive Antitrust Suit On Facebook
FTC, 46 States Launch Massive Antitrust Suit On Facebook
December 09, 2020  |  ANTITRUST

The Federal Trade Commission (FTC) and 46 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. 9), accusing the social media network of “illegally...

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France’s Ski Resorts Wage Legal Battle To Keep Lifts Open For Holidays
France’s Ski Resorts Wage Legal Battle To Keep Lifts Open For Holidays
December 09, 2020  |  International

French ski resorts are mounting a legal challenge against the government’s order to keep ski lifts closed at resorts this holiday season. While resorts can...

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Texas AG Paxton: More States Could File Antitrust Lawsuits Against Google 
Texas AG Paxton: More States Could File Antitrust Lawsuits Against Google 
December 08, 2020  |  ANTITRUST

Additional states could bring more antitrust lawsuits against Google, Texas Attorney General Ken Paxton said during a Tuesday (Dec. 8) panel discussion with global competition...

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
December 07, 2020  |  Cryptocurrency

Facebook’s Libra (OK, now it’s been renamed to Diem) looms as 2021 dawns – maybe – and in a form diminished from its initial ambitions...

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Pioneer Bank Sues For Lost $34 Million In ValueWise Scandal
Pioneer Bank Sues For Lost $34 Million In ValueWise Scandal
December 06, 2020  |  B2B Payments

Pioneer Bank has joined the number of firms filing lawsuits over the continuing and complex MyPayrollHR/ValueWise scandal, which a report from the Daily Gazette calls...

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Despite Cannabis Win, Legality Still Unlikely For Now
Despite Cannabis Win, Legality Still Unlikely For Now
December 04, 2020  |  Legal

While cannabis scored a big win Friday (Dec. 4) with the U.S. House of Representatives passing a bill to legalize it, legal weed still isn’t...

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