Visa Inc., the world’s biggest payments network, fell as much as 5 percent after saying the U.S. Department of Justice may sue the company over a policy that bars merchants from charging extra to customers who pay with credit cards. “The department has indicated that it is considering filing a…
On January 22, 2010, the Supreme Court of the United States granted unlimited corporate spending on elections. The justices overturn a century of U.S. electoral law by a 5-4 vote. Millions of extra dollars are expected to start flowing from big business to Republican candidates. Overturning a century-old restriction, the…
Redmond’s top legal mouthpiece Brad Smith is calling on US lawmakers to overhaul rules on cloud computing, just as the company ramps up its efforts to belatedly step on other vendors’ toes in that marketplace. He asked Congress yesterday to legislate cloud computing, in a move to protect business and…
FTC BEGINS COMPREHENSIVE PRIVACY REVIEW THROUGH PUBLIC ROUNDTABLES On December 7, 2009, the Federal Trade Commission (FTC) began the first of three public “Exploring Privacy” roundtables. To an extent, the FTC is at a similar stage as it was in 1989 when it held its conference on online profiling (now…