Search for: "Kristian Soltes" Results 1 - 20 of 76
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11 Mar 2022, 7:19 am by Zak Gowen
By Jeff Shinder and Kristian Soltes Antitrust enforcers need to upgrade their enforcement efforts to deal with the challenges of using a 19th Century statute to combat 21st Century digital tacit collusion. [read post]
1 Jun 2022, 8:43 am by luiza
Why stablecoins may struggle to challenge existing payment scheme Our Antitrust Week in Review Posts Contact Us Written by Kristian Soltes and Owen Glist Edited by Gary J. [read post]
1 Jun 2022, 8:43 am by luiza
Why stablecoins may struggle to challenge existing payment scheme Our Antitrust Week in Review Posts Contact Us Written by Kristian Soltes and Owen Glist Edited by Gary J. [read post]
26 May 2022, 8:58 am by Zak Gowen
Legal and Regulatory Developments SPOTLIGHT: CFPB Recasts Innovation Office to Emphasize CompetitionBanking Dive – May 25, 2022 The Consumer Financial Protection Bureau (CFPB) is leaving the sandbox and recasting its innovation efforts to emphasize its role in promoting competition. [read post]
10 Jun 2022, 7:22 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Lawmakers Seek to Push Antitrust, Privacy Bills as Big Tech Revamps Lobbying EffortsPYMNTS – June 10, 2022 Google, Meta, Amazon and Apple have been living for the last years with the threat of new legislation in the U.S. that could limit their ability to operate their platforms, and especially during the last 18 months since President Joe Biden took office. [read post]
22 Apr 2022, 6:18 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Lawmakers Seek to Cancel Card Fee IncreasesPayments Dive – April 21, 2022 A bipartisan group of four lawmakers implored Visa and Mastercard on Friday to cancel credit and debit card “swipe” fee increases planned for this month, warning them about practices that could raise antitrust concerns. [read post]
7 Apr 2022, 3:17 pm by Zak Gowen
Legal and Regulatory Developments SPOTLIGHT: Debit Card Antitrust Case Against Visa Revived, With New JudgeReuters – April 5, 2022 A U.S. appeals court on Tuesday revived an antitrust case against Visa Inc over debit card services and reassigned the dispute to a different Texas federal court, after criticizing the slow pace of the litigation and questioning whether the trial judge was biased against the plaintiff. [read post]
12 Jun 2020, 7:44 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: ‘Fraud’ Lawsuit Slams Plaid on Eve of Historic $5.3-Billion PaydayRIABiz – June 9, 2020 As Plaid nears the date when it banks a $5.3 billion dollar check from Visa, it may face a final hurdle from a class action alleging its value proposition depends on a “massive invasion” of the privacy of over 200 million bank and brokerage accounts. [read post]
18 Jun 2021, 8:16 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Lina Khan, Prominent Big Tech Critic, Will Lead the FTCNPR – June 15, 2021 President Joe Biden has named Lina Khan as the chairwoman of the Federal Trade Commission, giving the regulatory authority’s top spot to one of Silicon Valley’s most prominent critics. [read post]
28 Jan 2021, 9:34 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: UK Merchants to Face Post-Brexit Fee Increase From MastercardBusiness Insider – January 26, 2021 In response to Brexit, Mastercard is reportedly planning to increase fees for UK online card purchases. [read post]
12 Nov 2021, 10:36 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: If You Use Venmo, PayPal or Other Payment Apps This Tax Rule Change May Affect YouCNN – November 9, 2021 If you’re among the millions of people who use payment apps like PayPal, Venmo, Square, and other third-party electronic payment networks, you could be affected by a tax reporting change that goes into effect in January. [read post]
21 Jan 2021, 9:06 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: CFPB Under Chopra Will Be Aggressive Consumer Watchdog, Experts SayCompliance Week – January 19, 2021 Rohit Chopra, currently a Democratic commissioner on the Federal Trade Commission, has been nominated by President-elect Joe Biden to lead the Consumer Financial Protection Bureau (CFPB). [read post]
9 Jul 2021, 10:11 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Clash Over Debit Card Routing Persists In Comments to FedPayments Dive – July 8, 2021 Clashing comments have gushed into the Federal Reserve in the past two months over its proposal to clarify rules on the routing of debit card transactions, and they show familiar battle lines being drawn. [read post]
29 Apr 2021, 8:26 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Visa, Mastercard Face Biggest Challenges in a DecadeBanking Dive – April 22, 2021 Regulatory, legislative and court confrontations over the card networks’ fees are ratcheting up pressure again for reform of the behemoths’ practices. [read post]
12 Nov 2021, 10:36 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: If You Use Venmo, PayPal or Other Payment Apps This Tax Rule Change May Affect YouCNN – November 9, 2021 If you’re among the millions of people who use payment apps like PayPal, Venmo, Square, and other third-party electronic payment networks, you could be affected by a tax reporting change that goes into effect in January. [read post]
18 Feb 2022, 9:23 am by Zak Gowen
Legal and Regulatory Developments SPOTLIGHT: Visa Had a Monopoly on Payments at the Olympics for 36 Years. [read post]
25 Jun 2021, 8:52 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Federal Reserve Board Extends Comment Period on Proposed Changes to Regulation IIFederal Reserve Board – June 22, 2021 (click here for the Board’s Federal Register notice) The Federal Reserve Board announced on Tuesday that it will extend until August 11, 2021, the comment period for its proposed changes to Regulation II (Debit Card Interchange Fees and Routing) that would clarify that debit card issuers should enable, and allow… [read post]