Remove 2010 Remove Consumer Protection Remove FTC
article thumbnail

FTC Big Tech Probe Expands With New Inquiries

PYMNTS

A Federal Trade Commission (FTC) investigation into the biggest five tech companies in the U.S. The FTC is investigating Apple, Amazon, Facebook, Alphabet and Microsoft over antitrust implications, and it recently asked the companies to turn over information regarding takeovers of smaller companies between the years of 2010 and 2019.

FTC 53
article thumbnail

Former FTC Commissioner To Head Up Microsoft Privacy Position

PYMNTS

As a former Obama nominee, Brill previously served as a commissioner for the FTC since 2010. In addition to Brill’s former government experience, Brill served in North Carolina and Vermont’s Department of Justice in their Consumer Protection and Antitrust divisions.

FTC 43
article thumbnail

The Search for Payment Page Perfection

Segpay

acquirers, they are now rejecting opt-out cross sales or negative options on payment pages due to regulatory concerns, primarily driven by consumer protection legislation, pressure from the card brands to lower dispute rates, and the threat of legal action. It provides a simple mechanism for consumers to stop recurring charges.

FTC 90
article thumbnail

In Europe, Single Data Market Looms?

PYMNTS

As noted by the news outlet, the government will leverage existing antitrust law, and any fines or regulatory actions tied to the new mandates would be the purview of the Fair Trade Commission (FTC). Separately, late last week, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Citizens Bank.