The department alleges the company “has unlawfully amassed the power to extract fees.” The Department of Justice filed an antitrust suit against Visa for anti-competitive actions. The department…
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CFPB Warns Banks of Overdraft Fee Consent Requirements in New Guidance
Attempts to reign in “phantom opt-in” agreements in updated legal interpretation. The Consumer Financial Protection Bureau (CFPB) released a new guidance this month, cautioning banks not to charge…
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Transportation Department Proposes Ban on Airline Fees for Family Seating
It would require airlines to seat parents next to children without additional charge. The Department of Transportation (DOT) proposed a new rule that would prohibit airlines from charging…
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Four More States Join DOJ’s Antitrust Case Against Apple
A total of 19 states allege the company runs an illegal smartphone monopoly. The Department of Justice (DOJ) announced this week that four more state governments have joined…
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Airlines Sue DOT over New Fee Disclosure Rule
They claim the “arbitrary” regulation goes beyond governmental authority. Airline groups sued the Department of Transportation (DOT) this week to block its new rule requiring the upfront disclosure…
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