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What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
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Amazon Sued Over Slow Deliveries To Low-Income Areas In US
The attorney general of the US District of Columbia sued Amazon, accusing it of violating consumer protection laws by making slower deliveries to Prime members in historically lower-income neighbourhoods.
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Banking Laws Amendment Bill To Strengthen Governance: N Sitharaman
Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in Indian banking sector besides enhancing consumer's and customer's convenience.
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3 Dead, 32 Hospitalised After Eating Endangered Sea Turtle In Philippines
Although hunting or consuming sea turtles is prohibited under the Philippines' environmental protection laws, these marine creatures continue to be consumed in some communities where they are considered a traditional delicacy.
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Lawyers' Services Can't Be Under Consumer Protection Law: Bar Associations To Court
The Supreme Court was told on Thursday that lawyers or legal practitioners cannot solicit or advertise their work unlike doctors, who can publish advertisements, and hence, their services cannot be brought under the Consumer Protection Act.
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Amazon Steers Consumers To Higher-Priced Items, Says US In Lawsuit
Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees.
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Colombia Introduces World's First 'Junk Food Law' To Prevent Lifestyle Diseases: Reports
Reportedly, Colombian consume 12gm of salt a day, which makes the highest rate in Latin America and among the highest in the world.
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India Takes Lead In Setting Up A Global Online Platform To Resolve Cross-Border B2C E-Commerce Disputes
India is hosting the first conference in the national capital on Friday to deliberate on the framework of this ODR.
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Indonesian TikToker Jailed For Video Showing Her Reciting Prayer Before Eating Pork
In the video, she was seen uttering a prayer that translates to "in the name of God", before consuming pork skin.
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US FTC Opens Investigation Into ChatGPT Maker OpenAI, Claims Firm Broke Consumer Protection Laws: Report
The US Federal Trade Commission has opened an investigation into OpenAI, the maker of ChatGPT, on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the Washington Post reported on Thursday.
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Meta Loses Antitrust Case in Top EU Court Over 2019 German Privacy Breach Checks
Antitrust authorities overseeing firms such as Facebook owner Meta Platforms are entitled to also assess privacy breaches, the Court of Justice of the European Union ruled on Tuesday, potentially handing them more leeway in Big Tech probes.
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Amazon Duped Millions of Customers Into Signing Up for Prime, Says US Regulator in a Lawsuit
The US Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel. In a statement, Amazon called the FTC's claims "false on the facts and the law."
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Australia to Regulate Buy Now, Pay Later Services as Consumer Credit Products With New Laws
Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be one of the world's toughest regimes for the startup sector.
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Big Tech to Face New Law Designed to Strengthen UK's Competition Watchdog
Big Tech is set to face a new law in the UK that is designed to rein in its power to stifle competition in digital markets. Companies such as Google, Facebook and Amazon may have to offer customers an easy way to out of online subscriptions while making it easier to tackle fake reviews. Companies who breach the proposed rules could face a fine of u...
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Amazon Said to Be Facing FTC Complaint for Illegally Collected Kids’ Data
Federal regulators are expected to sue Amazon.com over allegations that the e-commerce giant illegally collected data on children, according to two people familiar with the case. The Federal Trade Commission recommended filing a complaint that Amazon’s Alexa-powered speakers are collecting information about children under the age of 13 without pa...
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What is Hong Kong’s Stablecoins Bill and How Could It Become Law?
Hong Kong’s Stablecoins Bill outlines the measures needed to safeguard consumers dealing with stablecoins—cryptocurrency assets pegged to reserved assets, such as fiat currencies, to maintain price stability amid market fluctuations.
-
Amazon Sued Over Slow Deliveries To Low-Income Areas In US
The attorney general of the US District of Columbia sued Amazon, accusing it of violating consumer protection laws by making slower deliveries to Prime members in historically lower-income neighbourhoods.
-
Banking Laws Amendment Bill To Strengthen Governance: N Sitharaman
Finance Minister Nirmala Sitharaman said on Tuesday that the Banking Laws (Amendment) Bill will strengthen governance in Indian banking sector besides enhancing consumer's and customer's convenience.
-
3 Dead, 32 Hospitalised After Eating Endangered Sea Turtle In Philippines
Although hunting or consuming sea turtles is prohibited under the Philippines' environmental protection laws, these marine creatures continue to be consumed in some communities where they are considered a traditional delicacy.
-
Lawyers' Services Can't Be Under Consumer Protection Law: Bar Associations To Court
The Supreme Court was told on Thursday that lawyers or legal practitioners cannot solicit or advertise their work unlike doctors, who can publish advertisements, and hence, their services cannot be brought under the Consumer Protection Act.
-
Amazon Steers Consumers To Higher-Priced Items, Says US In Lawsuit
Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees.
-
Colombia Introduces World's First 'Junk Food Law' To Prevent Lifestyle Diseases: Reports
Reportedly, Colombian consume 12gm of salt a day, which makes the highest rate in Latin America and among the highest in the world.
-
India Takes Lead In Setting Up A Global Online Platform To Resolve Cross-Border B2C E-Commerce Disputes
India is hosting the first conference in the national capital on Friday to deliberate on the framework of this ODR.
-
Indonesian TikToker Jailed For Video Showing Her Reciting Prayer Before Eating Pork
In the video, she was seen uttering a prayer that translates to "in the name of God", before consuming pork skin.
-
US FTC Opens Investigation Into ChatGPT Maker OpenAI, Claims Firm Broke Consumer Protection Laws: Report
The US Federal Trade Commission has opened an investigation into OpenAI, the maker of ChatGPT, on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the Washington Post reported on Thursday.
-
Meta Loses Antitrust Case in Top EU Court Over 2019 German Privacy Breach Checks
Antitrust authorities overseeing firms such as Facebook owner Meta Platforms are entitled to also assess privacy breaches, the Court of Justice of the European Union ruled on Tuesday, potentially handing them more leeway in Big Tech probes.
-
Amazon Duped Millions of Customers Into Signing Up for Prime, Says US Regulator in a Lawsuit
The US Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions of consumers into its paid subscription Amazon Prime service without their consent and making it hard for them to cancel. In a statement, Amazon called the FTC's claims "false on the facts and the law."
-
Australia to Regulate Buy Now, Pay Later Services as Consumer Credit Products With New Laws
Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be one of the world's toughest regimes for the startup sector.
-
Big Tech to Face New Law Designed to Strengthen UK's Competition Watchdog
Big Tech is set to face a new law in the UK that is designed to rein in its power to stifle competition in digital markets. Companies such as Google, Facebook and Amazon may have to offer customers an easy way to out of online subscriptions while making it easier to tackle fake reviews. Companies who breach the proposed rules could face a fine of u...
-
Amazon Said to Be Facing FTC Complaint for Illegally Collected Kids’ Data
Federal regulators are expected to sue Amazon.com over allegations that the e-commerce giant illegally collected data on children, according to two people familiar with the case. The Federal Trade Commission recommended filing a complaint that Amazon’s Alexa-powered speakers are collecting information about children under the age of 13 without pa...
