Big Tech

The internet giant files a lawsuit in response to the US CFPB’s decision for regulatory monitoring of Google Payment

Google contests the CFPB’s jurisdiction in its case, claiming that the oversight is unnecessary and characterizing the referenced customer complaints as “unsubstantiated.” Alphabet subsidiary Google Payment will now be subject to regulatory oversight by the US Consumer Financial Protection Bureau (CFPB). The decision was made in response to complaints about the company’s consumer protection policies […]

Big Tech

The EU Commission has concluded its tax investigations into Starbucks, Amazon, and Fiat

Key Takeaways Following court decisions, the EU Commission ended its tax investigations into Starbucks, Amazon, and Fiat. The Commission’s conclusions on unfair tax advantages were overturned by EU courts. According to Vestager, the courts cleared the corporations but upheld objections to harsh tax decisions. After court rulings, the European Commission, the EU’s competition watchdog, ended […]