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Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules 
Today in TechREG: Amazon Faces a New UK Antitrust Investigation; Department of Commerce Urged to...
July 06, 2022  |  Regulation

Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third...

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BoE: Digital Pounds Likely to Be Managed Through Accounts
BoE: Digital Pounds Likely to Be Managed Through Accounts
July 06, 2022  |  CBDC

Bank of England (BoE) Deputy Governor Jon Cunliffe said Wednesday (July 6) during a panel discussion that any proposed digital pound would likely be managed...

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EU Antitrust Regulators Raid Delivery Hero, Glovo
EU Antitrust Regulators Raid Delivery Hero, Glovo
July 06, 2022  |  ANTITRUST

Germany’s Delivery Hero and its Spanish business Glovo were raided by European Union antitrust regulators, the online food ordering companies said Wednesday (July 6). As...

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TikTok Troubles Put Focus on Livestream Shopping’s Environmental, Data Impact
TikTok Troubles Put Focus on Livestream Shopping’s Environmental, Data Impact
July 06, 2022  |  Retail

Though it’s early in the “what happened” analysis phase, the collapse of livestream shopping on TikTok in Western markets says a lot about how consumers...

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Anti-Fraud and Anti-Money Laundering: Two Sides of the Same Coin
Anti-Fraud and Anti-Money Laundering: Two Sides of the Same Coin
July 06, 2022  |  AML

The trade group UK Finance recently published its annual fraud report, and the picture isn’t pretty for British consumers. Financial fraud in the country rose...

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Revolut Teams With Stripe to Power International Growth
Revolut Teams With Stripe to Power International Growth
July 06, 2022  |  Partnerships

FinTech firm Revolut is partnering with financial infrastructure platform Stripe to power its worldwide expansion plans into new markets and support payments in the U.K....

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Amazon Faces UK Antitrust Probe Over Sales Practices
Amazon Faces UK Antitrust Probe Over Sales Practices
July 06, 2022  |  ANTITRUST

The United Kingdom’s Competition and Markets Authority (CMA) is looking into whether Amazon “has a dominant position in the U.K. and whether it is abusing...

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Benchmarking the EU’s Digital Engagement: Italy
Benchmarking the EU’s Digital Engagement: Italy
July 06, 2022  |  International

In this latest installment of PYMNTS’ five-part series on digital engagement in the European Union, the spotlight is on Italy, one of the EU-5 countries...

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Big Tech May Not Feel Impact of EU’s New Online Rules Until 2024
Big Tech May Not Feel Impact of EU’s New Online Rules Until 2024
July 06, 2022  |  Big Tech

After years in the making, on Tuesday, July 5, the EU Parliament approved in plenary session landmark legislation that will set comprehensive standards for regulating...

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