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The US Department of Justice files antitrust lawsuit to stop Visa's purchase of Plaid

News | Payments General | 06 Nov 2020

The US Department of Justice (DOJ) has filed an antitrust lawsuit to stop Visa’s proposed USD 5.3 billion purchase of the US-based financial services company Plaid.

Visa, Plaid , Department of Justice, US, acquisition, antitrust, lawsuit, payments platform, transactions , data aggregation

China considers launching an investigation into Alipay, WeChat Pay

News | Online Payments | 03 Aug 2020

Yahoo Finance has reported that Chinese regulators are considering launching an antitrust investigation into Ant Group’s Alipay and Tencent Holdings’ WeChat Pay

China, Alipay, WeChat Pay, mobile payments, transactions , online payments, watchdog, antitrust

India's antitrust chief advises ecommerce companies to avoid unfair business practices

News | Ecommerce | 14 Jan 2020

India’s antitrust chairman has advised big ecommerce companies not to offer steep discounts as the Competition Commission of India (CCI) launched a probe into and Walmart’s Flipkart.

Competition Commission of India, antitrust, ecommerce, Amazon, Flipkart, brick and mortar, India

EU regulators concerned about competition restrictions created by Facebooks Libra

News | Cryptocurrencies | 21 Aug 2019

Facebook’ s proposed digital currency Libra has been facing antitrust probe by European Union regulators, Bloomberg reported.

Facebook, Libra, cryptocurrency, digital currency, financial transaction, antitrust, Libra Association, Europe, regulation

Are BigTechs competing fairly - US antitrust enforcers analyse

News | Ecommerce | 06 Jun 2019

The Federal Trade Commission (FTC) and the Department of Justice have divided oversight over Alphabet’s Google, Facebook, Apple, and Amazon to investigate whether they compete fairly.

Federal Trade Commission, FTC, Alphabet, Google, Facebook, Apple, and Amazon, antitrust, monopoly