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Antitrust Regulator OKs Uber Buy Of Chilean Online Grocer Cornershop

PYMNTS

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Although Chile has now granted permission, Mexico regulators still have not.

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Uber Cleared To Buy Online Grocer Cornershop

PYMNTS

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Although Chile has now granted permission, Mexico regulators still have not.

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How An Online Automotive Deal Is Fueling A Retail Trend

PYMNTS

Automotive sales are increasing going digital — and more consumers are buying more used products of all types online. Online Auto Sales. The deal is not the only recent news involving the online retail sales of automobiles. Retail Waste. Part of that comes from retail waste.

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Study Says Government Regulation And Retail Aren’t Mixing

PYMNTS

It can seem like the low-hanging fruit of political topics, but there’s new evidence coming out that small and medium-sized businesses are feeling the crunch from government regulations. And with online commerce profit margins shrinking, does push finally need to come to shove? Shay’s last point was borne out by the data.

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FDA eCig Crackdown Boosts Appeal Of Online Authentication

PYMNTS

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. Regulatory Trend. While the FDA decision shows that the U.S.,

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Retail Waste Backlash Provides eCommerce Opportunity

PYMNTS

Waste is becoming ever more of a vice, especially among younger consumers, and now regulators. And that seems likely to create new opportunities for certain types of online merchants. Amazon apparently played a part, indirectly at least, in turning public opinion against such retail waste. Amazon’s Role. Liquidation Trends.

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Trade groups react to FTC’s proposed Motor Vehicle Dealers Trade Regulation Rule as public comment period closes

CFPB Monitor

The public comment period for the notice of proposed rulemaking (“NPRM”) regarding the Motor Vehicle Dealers Trade Regulation Rule (the “Rule”) closed on September 15, 2022 after the FTC declined in August to extend it.