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13 Aug 2021, 8:15 am by Kristian Soltes
’s Competition Appeal Tribunal issued an order withdrawing Sainsbury’s claim against Mastercard over so-called multilateral interchange fees, which are bank-to-bank charges paid by a merchant’s lender to a card-issuing bank when a purchase is processed. [read post]
13 Aug 2021, 8:15 am by Kristian Soltes
’s Competition Appeal Tribunal issued an order withdrawing Sainsbury’s claim against Mastercard over so-called multilateral interchange fees, which are bank-to-bank charges paid by a merchant’s lender to a card-issuing bank when a purchase is processed. [read post]
13 Aug 2021, 5:01 am by Mark Montgomery, Natalie Thompson
Chamber of Commerce cautioned against the expansion of the ITU’s standards work, especially as it relates to the push for a “New IP,” arguing that other multi-stakeholder standards bodies are better fora for developing standards proposals. [read post]
12 Aug 2021, 7:00 am by Abby Lemert, Eleanor Runde
Dennis Lam of DBS, a major Asian bank, has predicted that sectors tied to social and economic issues, including education, e-commerce, and health care, will experience further regulation. [read post]
9 Aug 2021, 12:56 pm by Ajay Sarma
  ICYMI: Yesterday on Lawfare Jessica Davis analyzed the international security implications of central bank digital currencies in this week’s Foreign Policy Essay. [read post]
30 Jul 2021, 10:59 am by Tom Smith
In our corporate constitution, giant oligopolistic firms that are essential to commerce, communications, and finance operate in many cases without any regulations other than those which they themselves make.Most of the attention has focused on Twitter and Facebook, because so many American journalists, academics, activists, and politicians live online. [read post]
30 Jul 2021, 4:00 am by Jim Sedor
Tommy Tuberville ran for office while arguing for the “rule of law” and criticizing China, but in less than eight months on the job, the Alabama Republican violated a federal financial transparency law, while also selling stock options of China’s leading e-commerce company. [read post]
29 Jul 2021, 1:11 pm by Paul Willetts
The employer submitted that it prohibited the banking of vacation time without express written approval in support of its use it or lose it policy. [read post]
28 Jul 2021, 4:42 pm by Bona Law PC
Granted patents and the protection of standard setting processes To avoid the potential for anticompetitive extension of market power beyond the scope of granted patents, and to protect standard-setting processes from abuse, the Order encourages the Attorney General and the Secretary of Commerce to consider whether to revise their position on the intersection of the intellectual property and antitrust laws, including by considering whether to revise the Policy Statement on Remedies for… [read post]
.: The Senate Commerce, Science and Transportation Committee will hold a hearing on protecting critical infrastructure. [read post]
23 Jul 2021, 8:38 am by Kristian Soltes
MerchantsAmerican Banker – July 19, 2021 (subscription required) Online cross-border payment technology is opening new markets for e-commerce firms and new shopping options for consumers — but the European Union’s tax system hasn’t kept pace, creating compliance headaches for U.S. digital merchants and confusing bills for customers on the Continent. [read post]
20 Jul 2021, 11:06 am by Bob Bauer
This process reflected a starkly deficient sensitivity to separation of powers issues, pungently captured by Wilkey’s declaration that members of Congress were no different from the depositors of a “failed S&L or a fraudulently operated [Bank of Credit and Commerce International, the subject of a major international banking scandal]. [read post]
15 Jul 2021, 4:47 am by SHG
There is, provided one squints really hard and believes that if you click the heels of your boots three times, everything falls under the Commerce Clause. [read post]
14 Jul 2021, 8:30 am by Kevin Kaufman
Furthermore, interstate commerce could radically change the operating environment for existing businesses. [read post]