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Law360 supplies the intelligence you have to remain an professional and beat the competitors. “The digital financial system stays in fact at the high of our agenda,” Mundt stated, adding that selections made in 2022 have been the “first tangible improvements for competition and customers.” If the EU is antitrust Disney World, then Germany is The Magic Kingdom and the Bundeskartellamt is Cinderella’s iconic citadel at the heart of it all. That’s not great for PayPal, who is joining the complete FAANG lineup in a list of the German cartel office’s investigative targets. In addition, PayPal might also be violating part 1 of the GWB, which bans anticompetitive agreements between vendors – like PayPal and its German vendors.
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