Author: Allie Caccamo

The Washington Post reported today that the Consumer Financial Protection Bureau (CFPB) is looking to place Google under formal federal supervision, potentially subjecting the company to the same rigorous monitoring practices the government imposes on traditional banks.  The eleventh-hour play comes despite the CFPB facing a barrage of criticism over its proposed ‘larger participant’ rule… Continue reading CFPB Moves To Put Google Under Federal Supervision

Today, the European Commission hit Meta with an antitrust fine for “tying” classified ads (“Facebook Marketplace”) with the Facebook social media platform. The €797.72 million fine was levied based on a novel theory and without proof of harmful conduct, doing away with case precedents on what is necessary to prove an “abuse of dominance” under… Continue reading EU Hits Meta With €798 Million Antitrust Fine