By PYMNTS
For Big Tech, and for FinTechs, the regulatory landscape is shifting — and the barrage of new rules and regulations comes from all sides.
That’s especially true in the United States and China, the two largest economies in the world, where a significant portion of payments and commerce innovation generally takes shape in private markets. We’re seeing what may be the crystallization of distinct antitrust policies in each of those nations.
In China, of course, a raft of recent antitrust measures is appearing as of this week. As noted in this space, the rules seem tied to identifying — and punishing — what’s deemed antitrust behavior by larger tech firms, among them Ant Group and Tencent Holdings.
