A report published Monday by the European Systemic Risk Board says the EU’s banking industry is overflowed and unlikely to benefit the economy whatsoever, an issue that could be partially remedied by more stringent antitrust regulation.
According to reports, the group pinpoints an “overbanking problem” across the EU and recommends a …read more
A US judge heard a request from several of the world’s largest banks to toss out a consolidated antitrust lawsuit against the lenders, which are accused of rigging the foreign exchange market.
The twelve banks, which include Bank of America, Barclays and Goldman Sachs, asked a US district judge to dismiss …read more
As Google’s settlement with the European Commission stands on shaky grounds, reports say the company is facing yet another scrutiny among competition authorities in Europe, this time in the UK.
Reports say the Financial Conduct Authority is reportedly eyeing Google following complaints the search leader is abusing its market dominance regarding …read more
While the issue of net neutrality is complex and quite technical, reports say the topic is a top priority for Americans as it has now become the second-most discussed subject with the Federal Communications Commission.
According to reports, members of the public have sent about 300,000 emails to the communications regulator …read more