Competition

Delivery Hero Ends Exclusive Restaurant Deals in Norway After Competition Probe
Delivery Hero Ends Exclusive Restaurant Deals in Norway After Competition Probe
January 21, 2022  |  Delivery

Norway residents will soon have other ways of getting their meals delivered. Delivery Hero, one of the biggest online food delivery companies in Europe, has...

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US Retailers May Face an Uphill Road To Challenge Visa, Mastercard Swipe Fees 
US Retailers May Face an Uphill Road To Challenge Visa, Mastercard Swipe Fees 
January 20, 2022  |  Regulation

U.S. retailers, via the Merchants Payment Coalitions, have sent a letter to the Federal Trade Commission (FTC) and the Department of Justice (DoJ) on Wednesday...

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Mastercard Hit with £31.5M Fine for Running Pre-Paid Card Ring
Mastercard Hit with £31.5M Fine for Running Pre-Paid Card Ring
January 18, 2022  |  Mastercard

Mastercard and four other companies were fined a total of £33 million ($45.01 million) for their practices involving prepaid cards, with Mastercard being hit with...

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With Subscriber Growth Slowing, Media Groups Spend $115B on Streaming Content
With Subscriber Growth Slowing, Media Groups Spend $115B on Streaming Content
December 29, 2021  |  Streaming

The top eight U.S. media groups will spend at least $115 billion on new content — even as video streaming loses them money, Financial Times...

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Retail Brands Seek Compensation from Visa, Mastercard, Claiming High Fees
Retail Brands Seek Compensation from Visa, Mastercard, Claiming High Fees
December 12, 2021  |  Credit Cards

Several big retail brands, including Levi, Superdry and AllSaints, are looking for compensation from Visa and Mastercard over the payment companies’ controversial transaction fees, a...

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Ireland’s Synch Payments Facing Probe From Ireland’s Competition Watchdog
Ireland’s Synch Payments Facing Probe From Ireland’s Competition Watchdog
December 10, 2021  |  International

Ireland’s competition watchdog announced Wednesday (Dec. 8) that is launching a full investigation into Synch Payments, a joint venture by AIB, Bank of Ireland, Permanent...

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Restaurants Can Leverage Personalized Offers to Win Big Spenders Back from Aggregators
Restaurants Can Leverage Personalized Offers to Win Big Spenders Back from Aggregators
December 09, 2021  |  Restaurant innovation

Ironically, today’s restaurants looking to win over their highest spending digital customers need to offer them the opportunity to spend less. As restaurants and third-party...

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Analyst Downgrades PayPal, Cites Competition
Analyst Downgrades PayPal, Cites Competition
November 17, 2021  |  eCommerce

As more companies jump into the eCommerce payments ring, PayPal is facing competitive pressures, a Wednesday (Nov. 17) MarketWatch report suggests. Wealth management firm Bernstein’s...

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Epic CEO Tim Sweeney Wants Unified App Store
Epic CEO Tim Sweeney Wants Unified App Store
November 16, 2021  |  Big Tech

On Tuesday (Nov. 16), Epic Games Inc. CEO Tim Sweeney pushed for a universal app store in an interview with Bloomberg that also included the...

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