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Goodwin

Digital Markets Act: Mandatory Compliance for Big Tech Companies

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The Digital Markets Act (DMA) regulation of September 14, 2022, along with the Digital Services Act (DSA) regulation, represents one of the major digital initiatives of the European Union. Gradually applicable since May 2,...more

Hudnell Law Group

Federal Circuit Revives Big Tech’s Fintiv Challenge

Hudnell Law Group on

On March 13, 2023, in Apple, Inc., et al. v. Vidal, Case No. 2022-1249 (Fed. Cir. March 13, 2023), the Federal Circuit reversed and remanded a decision from the Northern District of California dismissing a lawsuit filed by...more

Wyrick Robbins Yates & Ponton LLP

Second Bite at the Apple: Apple’s Account Deletion Requirement Finally Goes into Effect. Is Your Mobile App Compliant?

On June 30, after a 5-month delay from the originally-scheduled effective date (to give app developers more time to comply), Apple’s new account deletion requirement went into effect. As a result, companies with mobile apps...more

Fenwick & West Life Sciences Group

Big Tech Continues Foray Into Healthcare, Opening New Opportunities for Digital Health Startups

As the financial markets continue to struggle, digital health companies are conserving resources, slowing hiring and minding their burn rate given the uncertainty around the current economic slowdown and whether the economy...more

BakerHostetler

A Digital Advertising Primer on Preparing for the Post-Cookie World: Part Three

BakerHostetler on

Welcome to the third installment in our eight-part series preparing you for the post-cookie world. In our first post, we provided a deep dive into third-party cookies for a baseline understanding of the technology and the...more

Eversheds Sutherland (US) LLP

Focus on Fintech: CFPB Probes Big Tech Plans for Payments

On October 21, 2021, the CFPB sent orders to Amazon, Apple, Facebook, Google, PayPal, and Square requiring them to provide information about their current and planned payments products, practices, and data collection and...more

Robins Kaplan LLP

Financial Daily Dose 12.9.2021 - Italian Antitrust Officials Fine Amazon $1.3 Billion Over Logistics Practices

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Competition regulators in Italy have fined Amazon $1.3 billion, accusing the company “of breaking antitrust laws by giving special perks to third-party merchants who use Amazon’s warehouse and delivery system.” The penalty,...more

Bilzin Sumberg

How Epic V. Apple Ruling Might Play Out For Big Tech

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The U.S. antitrust laws are slow to keep up with technical innovation and changing marketplaces. Nowhere is that more evident than in the tech sector, where companies and other players in the market do not fit neatly into...more

Eversheds Sutherland (US) LLP

Rapid Growth of Buy Now Pay Later Market Raises Global Consumer Protection Concerns as CFPB Watches and Waits (For Now)

The explosive growth of “buy now pay later” (BNPL) products is a staple of the fintech news cycle. The model, which gained popularity with point-of-sale financing options offered by straight play providers such as Affirm,...more

Womble Bond Dickinson

The Wu Khan Clan Enters the Battle Arena

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Columbia University Law Professor Tim Wu has written profoundly and persuasively for decades about anti-competitive behavior in the U.S. tech industry - from Western Union’s telegraph monopoly in the 1860s forward toward the...more

Robins Kaplan LLP

Financial Daily Dose 5.17.2021 | Top Story: AT&T to Spinoff WarnerMedia Assets and Merge with Discovery

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AT&T made late-weekend waves with the announcement that it’s planning to spin off its WarnerMedia division (think HBO and CNN) and merge with Discovery’s “reality-TV empire” in a deal that could value the AT&T assets at...more

Robins Kaplan LLP

Financial Daily Dose 4.30.2021 | Top Story: U.S. Economy Flourishes in Q1 on Pent-up Demand and Stimulus Spending

Robins Kaplan LLP on

New numbers show that the U.S. economy “picked up speed last quarter,” expanding 1.6% in the first three months of the year [for an annualized 6.4%], as a mix of stimulus money and falling unemployment helped power consumer...more

Robins Kaplan LLP

Financial Daily Dose 4.29.2021 | Top Story: Fed Stays Course on Rates, Sees Improving Economy

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The Fed’s Open Market Committee meeting broke yesterday leaving rates at near-zero and pledging to “continue buying government-backed bonds at a steady pace as it tries to support the economy’s recovery from the coronavirus...more

Robins Kaplan LLP

Financial Daily Dose 4.26.2021 | Top Story: Bitcoin Bounces Back Over 50k

Robins Kaplan LLP on

Bitcoin’s back (and no, it never really left), thanks to a rally this morning that pushed its value up as much as 10% at one point in early trading today. Elon Musk’s weekend tweeting and news that presumptive top NFL draft...more

Robins Kaplan LLP

Financial Daily Dose 4.22.2021 | Top Story: From Competition to A.I., Big Tech Facing Increasing Regulatory Scrutiny

Robins Kaplan LLP on

A Senate antitrust subcommittee hearing on Thursday turned into an airing of grievances session for smaller tech companies focusing on their issues with Apple and Google’s app stores and their “stranglehold on the business of...more

Robins Kaplan LLP

Financial Daily Dose 4.21.2021 | Top Story: The Success of Upstart Rivals (and Vaccines) Hits Netflix Hard

Robins Kaplan LLP on

The latest round of quarterly results from Netflix shows that while the grand-daddy of streaming “still rules” that universe, a combination of upstart and old-guard rivals “have cut into Netflix’s share of viewers’...more

Robins Kaplan LLP

Financial Daily Dose 2.16.2021 | Top Story: WTO Names First Woman, First African as Org President

Robins Kaplan LLP on

After more than half a year without a leader, the WTO is poised to welcome its “first woman and first African” to the role in the form of Nigerian economist and former finance minister Dr. Ngozi Okonjo-Iweala. ...more

Robins Kaplan LLP

Financial Daily Dose 12.11.2020 | Top Story: Banner Airbnb Public Trading Debut Has Some Worrying About Tech Bubble

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Because too much of a good thing is always trouble (especially on Wall Street), market watchers are warning of a new tech bubble after Airbnb’s monster IPO on Thursday. The home-sharing app’s shares rose more than 112% to...more

Robins Kaplan LLP

Financial Daily Dose 11.10.2020 | Top Story: EU Unveils New Antitrust Investigation and Charges Against Amazon

Robins Kaplan LLP on

The European Union has unveiled a new antitrust probe and accompanying charges against Amazon over alleged the “use of non-public business data from independent sellers on its marketplace that could benefit the company’s own...more

Robins Kaplan LLP

Financial Daily Dose 9.8.2020 | Top Story: Markets Slide Amidst So-So Jobs Report and Tech Reset

Robins Kaplan LLP on

Last Friday’s US Jobs Report saw unemployment fall to 8.4%, but the end of federal aid programs and a solid-but-not-gangbusters 1.4 million jobs gained in August leads many to fear a much worse employment picture ahead....more

Womble Bond Dickinson

Epic Battles Apple: I Missed a Spot

Womble Bond Dickinson on

On Tuesday I wrote about how Epic Games’ CEO Tim Sweeney was engaging Apple on at least three battlefronts. I missed a battlefront and I’m here today to rectify that mistake. I mentioned Epic’s groundbreaking and lucrative...more

Dunlap Bennett & Ludwig PLLC

Congress’s Big Tech Hearing – Takeaways and Next Steps

On July 29, 2020, the CEOs of Amazon, Google, Facebook, and Apple appeared before the Antitrust Subcommittee of the U.S. House of Representatives to answer questions about potentially monopolistic tactics used by the four...more

Womble Bond Dickinson

Tech Anti-Trust Fight is More Than a Game

Womble Bond Dickinson on

Tim Sweeney, the Colossus of Cary, is fighting even bigger foes – Apple and Google. The multibillionaire chief executive of Epic Games has opened a multi-front war on the tribute that app developers are forced to pay to reach...more

Robins Kaplan LLP

Financial Daily Dose 2.12.2020 | Top Story: Big Tech Antitrust Update

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Big-Tech/Antitrust Update: the FTC has demanded information from Amazon.com Inc., Apple Inc., Facebook Inc., Microsoft Corp., and Alphabet Inc. regarding acquisitions of small firms over the past 10 years that may have been...more

White & Case LLP

Financial Regulatory Observer - December 2019: Digitalization: Regulating the future of finance

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As technology reshapes the banking industry, regulators are rising to the challenge. Digitalization is at the forefront of the challenges facing the banking industry as it undergoes a period of unprecedented upheaval....more

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