Giuseppe Colangelo

2 weeks ago | laweconcenter.org | Kristian Stout |Giuseppe Colangelo |Eli Nachmany

TL;DR TL;DRBackground: Across the United States, state lawmakers have been actively pursuing regulations of artificial intelligence without a full appreciation of how diverse and technically intricate AI systems are. From traditional machine learning to large language models and rule-based automation, AI encompasses a sweeping range of computational methods. But many proposed or enacted statutes treat AI as a monolithic category.

2 months ago | laweconcenter.org | Julian Morris |Giuseppe Colangelo

Popular Media Legislation Is a Giveaway to Big Box Retailers at Expense of Arizona Small Business Lobbyists for big box retailers want Arizona’s legislature to impose price controls on card transaction fees. They claim that doing so will save merchants millions of dollars that will be passed on to consumers. But, we’ve heard this story before and it doesn’t end well. It’s also probably illegal. Read the full piece here.

Mar 25, 2025 | laweconcenter.org | Julian Morris |Todd Zywicki |Giuseppe Colangelo |Alba Martinez

Popular Media Last month, over 99% of the stockholders of Capital One and Discover formally approved the merger of the two firms. But rumors recently emerged from unnamed sources in the Department of Justice (DOJ) that the merger might be considered anti-competitive due to the relatively large share of the so-called “sub-prime” credit card market held by the two companies.

Aug 12, 2024 | pymnts.com | Giuseppe Colangelo

Over the past decade, the intersection of privacy and antitrust has become a significant focus in the literature on data’s role in digital markets.1 In a landscape where platforms acquire data to strategically offer sellers preferential access to consumers’ attention, personal data is indeed the most valuable asset in a platform’s information arsenal.

Jun 7, 2024 | laweconcenter.org | Julian Morris |Brian Albrecht |Giuseppe Colangelo

ICLE Issue BriefExecutive SummaryPayment networks connect buyers with sellers. Success hinges on attracting sufficient participation on both sides of the market. Card issuers offer rewards, insurance, fraud prevention, and other benefits that create incentives for use. Issuers can do so, in part, because they receive an “interchange” fee from acquiring banks, who in turn charge a fee to merchants (the “merchant discount rate” or MDR).