Tuesday, 5 March, 2024

Payments Sector Calls for Legal Revisions to Counter Google's Monopoly

The payments sector has called for legal changes to counter Google's alleged monopolistic activity. Industry stakeholders want regulatory adjustments to foster fair competition and prohibit anti-competitive activities in the Google-dominated digital payments industry. This project underscores growing concerns within the payments industry about the concentration of power and influence exercised by tech behemoths such as Google.