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Crypto Regulation Measure Advances in the House

 |  Jun 11, 2025

Two committees in the House of Representatives voted this week to advance the so-called CLARITY Act intended to create a formal regulatory framework for crypto and digital assets. The Agriculture Committee vote 47-6 in favor of the measure Tuesday, followed by a 32-19 vote in favor on Wednesday by the…

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Turkish Competition Watchdog Launches Probe into Coca-Cola
 |  Jun 11, 2025

The Turkish Competition Board announced on Tuesday that it has initiated a formal investigation into Coca-Cola, citing concerns over potential violations of national competition laws. The move follows preliminary findings suggesting the beverage giant may have engaged in conduct aimed at limiting its rivals’ ability to sell products at retail…

South Korea’s Antitrust Push Intensifies Under President Lee’s Leadership
 |  Jun 11, 2025

Regulatory scrutiny of South Korea’s corporate giants and online platform operators is set to intensify, following President Lee Jae-myung’s recent antitrust push to bolster the Korea Fair Trade Commission (KFTC). The move is part of a broader agenda to enhance economic fairness and protect small and medium-sized businesses from abusive…

Meta, TikTok Take EU to Court Over Disputed Digital Oversight Fee
 |  Jun 11, 2025

Meta Platforms and TikTok brought their legal battle against European Union regulators to the General Court on Wednesday, arguing that a supervisory fee imposed under the bloc’s Digital Services Act (DSA) is unjust and improperly calculated. Get the Full Story Complete the form to unlock this article and enjoy unlimited…

Sezzle Sues Shopify for Alleged Antitrust Violations in BNPL Market
 |  Jun 11, 2025

Buy now, pay later (BNPL) provider Sezzle has filed an antitrust lawsuit against Canadian eCommerce giant Shopify, alleging the company engaged in anti-competitive conduct to suppress Sezzle’s presence on its platform. Filed Monday in U.S. District Court, the suit claims Shopify leveraged its market dominance to steer merchants and consumers…

Canada’s Competition Bureau Sues DoorDash Over Alleged Hidden Fees
 |  Jun 10, 2025

Canada’s federal Competition Bureau has launched legal action against food delivery giant DoorDash, alleging the company engaged in misleading pricing practices that deceived consumers. The case centers on the company’s use of what regulators describe as “drip pricing,” where additional mandatory fees are only revealed at the final stage of…

Cornerstone Research Bolsters Competition Team with Industry Veteran
 |  Jun 10, 2025

Cornerstone Research has announced the addition of Gopal Das Varma as a vice president in its Washington, D.C. office, expanding the firm’s capabilities in antitrust, competition, and merger-related consulting. Per a statement from the firm, Dr. Das Varma will take a leadership position within the mergers practice and apply his…

Axiom Integrates AI Platform Legora for Legal Document Review
 |  Jun 10, 2025

Axiom has announced the integration of Legora, a collaborative artificial intelligence platform designed specifically for legal professionals, into its Tech+Talent service offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our…

Possible Delay in Implementing EU AI Act Now Formally on the Table
 |  Jun 10, 2025

It’s looking more likely that implementation of at least some parts of the EU’s landmark AI Act will be delayed past the August deadline. Speaking at a meeting of EU technology ministers in Luxembourg Friday, European Commission Executive Vice President Henna Virkkunen acknowledged for the first time that a delay…

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