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Google Data Practices Under EU Antitrust Scrutiny

PYMNTS

EU antitrust regulators are probing Google to see how the search giant uses and monetizes the data it collects on users, Reuters reported on Saturday (Nov. The preliminary investigation is ongoing,” the EU regulator told Reuters in an email. 30), citing the European Commission.

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DOJ, State AGs Could Combine Google Investigations

PYMNTS

The probe is centered on whether Google’s monopoly of the online search world – and the ensuing advertising revenue it commands – represent an illegal form of market control. states, the District of Columbia and Puerto Rico formally launched an investigation into Google. “You Thus far, U.S.

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Popular Becomes Second To Launch Credit Cards For Use In Cuba

PYMNTS

and the first in Puerto Rico to offer its credit cards for use in Cuba. In a press release , Popular said the Mastercard credit cards of its two banking subsidiaries, Banco Popular de Puerto Rico and Popular Community Bank, can be used at any of Cuba’s authorized merchants and ATMs throughout the country. regulations.

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Google’s Rough Day: State AGs Unveil Antitrust Probe

PYMNTS

The focus of the probe will be on whether the company has abused its position in the online advertising market. “I At the Monday press conference, Paxton said Google dominates all sides of the online equation, including buyers and sellers “and even the video side with YouTube,” according to his remarks.

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NY DFS announces multistate investigation of payroll advance industry

CFPB Monitor

In its press release, the DFS claims that the investigation will look into “allegations of unlawful online lending” and “will help determine whether these payroll advance practices are usurious and harming consumers.” Illinois Department of Financial Professional Regulation. Maryland Office of the Commissioner for Financial Regulation.

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DOJ Officials, State AGs To Meet Tuesday On Google Antitrust Probe

PYMNTS

In recent years, multiple investigations have been launched by the DOJ and almost every state attorney general into whether Google has violated antitrust laws regarding advertising regulations, search engine preferences and the company’s popular Android operating system. and Puerto Rico formally launched an investigation into Google.

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CUs Try To Solve The Cannabis Cash Conundrum

PYMNTS

This, in turn, means that banks cannot offer services to businesses, as they would face prosecution from regulators. Separately, Apple is being eyed by regulators in Russia for allegedly unfair competitive practices. The aforementioned charges, said regulators, may add up the equivalent of high interest rates charged on the loans.