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New law to protect consumer rights comes into force in India
Jul 20,2023
India's Consumer Protection Act, 2019 has come into force, commencing on 20 July, 2020 according to a news report. The law which was initially brought to Parliament in 2019 seeks to protect the rights of consumers through the key provisions of the Ac...
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New consumer protection law comes into force in India
Jul 20,2023
The Consumer Protection Act 2019 came into force in India on 20 July 2020. Among others, the act will protect the rights of consumers from goods and services which are hazardous to life and property; keep consumers informed of the quality, quantity, ...
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Anthropic's CEO to testify at a US Senate hearing on AI regulation
Jul 19,2023
Dario Amodei, CEO of Anthropic and former OpenAI employee, has been scheduled to testify at a US Senate hearing on AI. The 'Oversight of AI: Principles for Regulation' hearing aims to explore potential regulations for the rapidly growing technology. ...
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Amazon tackles counterfeits but denies liability?
Jul 19,2023
Amazon informed its customers that the Align nutritional supplements sold on its platform by third-party vendors were counterfeits. The company recommended its customers to stop using and disposing of the supplements in the US. Amazon does not know i...
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Google fined with 4.34 billion EUR for abuse of dominance
Jul 18,2023
EU Commissionfined Google with 4.34 billion of EUR for the abuse of dominant position in regard of its Android system. Google has required  android device manufacturers and network operators to ensure that traffic on these devices goes through g...
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Financial Stability Board publishes global regulatory framework for crypto assets
Jul 17,2023
The Financial Stability Board (FSB) issued a regulatory framework for crypto-asset that is based on the principle of 'same activity, same risk, same regulation'. The proposed regulatory framework takes into account the lessons learned from the events...
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European Commission launches sector inquiry on IoT devices for consumers
Jul 15,2023
The European Commission initiated an antitrust competition inquiry into the Internet of things (IoT) devices and services for consumers in the EU. The inquiry will target products and services that are connected to a network and can be controlled fro...
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The European Commission launches a sector inquiry on IoT devices for consumers
Jul 15,2023
The European Commission initiates an antitrust competition inquiry into the sector of the Internet of Things (IoT) devices and services for consumers in the European Union. The inquiry will target products and services that are connected to a network...
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EU opens 3rd antitrust charge against Google
Jul 15,2023
EU regulators have accused Google of blocking its competitors in online advertising. According to Competition Commissioner Margrethe Vestager, 'Google has come up with many innovative products that made a difference to our lives. But that doesn't giv...
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Ripple wins partial victory in SEC lawsuit
Jul 14,2023
A federal judge in the US District Court for Southern New York ruled partly in favor of Ripple, cryptocurrency company, in its lawsuit against the US Securities and Exchange Commission (SEC), stating that programmatic sales of XRP were not securities...
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Kenya: Data Protection Bill finally published
Jul 14,2023
After several attempts, Kenya's Data Protection Bill was published in May, and open to public participation this month. The Bill spells out principles of data protection with the aim of giving effect to Article 31 of the country's Constitution which ...
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FTC to Investigate OpenAI over alleged consumer protection violations
Jul 13,2023
According to a report by the Washington Post, the US Federal Trade Commission (FTC) has initiated an investigation into OpenAI's ChatGPT over allegations of violating consumer protection laws and jeopardising personal reputations and data. The specif...
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