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Google Fined $57M By French Regulator In Largest GDPR Action

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’s Google was hit with a $57 million fine Monday (Jan. 21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. The regulator also said Google didn’t get the necessary user consent for personalized ads.

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Google CEO Pushes Back Against Regulation Talk

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Google CEO Sundar Pichai pushed back against talk of regulating tech companies, saying that the move could have unintended consequences, according to a report by CNBC. “I I worry that if you regulate for the sake of regulating it, it has a lot of unintended consequences,” Pichai said.

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Big Tech Faces Regulation Reckoning As 2021 Dawns

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If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

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EU Questions Rivals About Competition Concerns In Google-Fitbit Deal

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European regulators are investigating Google’s proposed $2.1 The Australian Competition and Consumer Commission, the government’s regulatory agency, has warned the deal could strengthen Google’s position. The access to user data available to Google has made it so valuable to advertisers that it faces only limited competition.”.

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Google Backs FedNow Payments System

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Google sent a letter to the Federal Reserve , asking the U.S. Mark Isakowitz, Google’s head of U.S. government affairs and public policy, said in a letter to the Fed that Google “worked closely” with the National Payments Corporation of India (NPCI) to build Google Pay for the Indian market. billion now.

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Google Pay, PhonePe To Offer Auto Debit In India

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Google Pay and PhonePe , digital payment providers, are collaborating with the National Payments Corporation of India (NPCI) to offer recurring payments, Moneycontrol.com reported, citing banking sources. Google Pay and PhonePe have started work on the recurring payments platform,” one of the bankers said, according to Moneycontrol.

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Big Tech Compliance Tracker: EU Prepares To Propose New Big Tech Regulations; Turkey Fines Big Tech Platforms $1.18M

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Regulation. EU Gears Up To Propose New Big Tech Regulations. The Digital Services Act is forecast to revamp content management on platforms such as Facebook and Google. Australian Regulator Looks Into Merger Law Changes. It is due to be put forward early next month. Turkey Hits Big Tech Platforms With $1.18M Penalty.