Shivanghi Sukumar

Nov 7, 2024 | truthonthemarket.com | Kristian Stout |John Yun |Julian Morris |Shivanghi Sukumar

With Donald Trump’s victory in this week’s presidential election, the federal government’s approach to the regulation of artificial intelligence (AI) stands at a crucial inflection point. While there may be pressure to rush through AI legislation during Congress’ upcoming lame-duck session, such haste could prove counterproductive for U.S. leadership in AI development.

Nov 7, 2024 | truthonthemarket.com | John Yun |Julian Morris |Shivanghi Sukumar |Eric Fruits

The U.S. Justice Department (DOJ) has initiated an antitrust monopolization case against Visa for various practices related to its debit-card services. The complaint centers on two primary theories of harm. The first is that Visa offers volume discounts in a manner that locks in merchant banks (or “acquirers”) into Visa’s debit-card network, which deprives rival networks of “scale” and reduces the overall level of competition in the debit-card market.

Nov 5, 2024 | truthonthemarket.com | Mikolaj Barczentewicz |Julian Morris |Shivanghi Sukumar |Eric Fruits

The European Data Protection Board’s (EDPB) Nov. 5 stakeholder consultation on AI models and data protection—organized to gather input for an upcoming Irish Data Protection Commission opinion under Article 64(2) of the General Data Protection Regulation (GDPR)—showcased significant lingering disagreement on how the GDPR should apply to AI.

Oct 30, 2024 | truthonthemarket.com | Julian Morris |Shivanghi Sukumar |Eric Fruits |Alden Abbott

The Asamblea Legislativa de la República de Costa Rica (Costa Rica’s legislature) moved in 2020 to empower the Banco Central de Costa Rica (BCCR), the nation’s central bank, to impose price controls on fees charged by both payment-card issuers and acquirers.

Oct 28, 2024 | laweconcenter.org | Eric Fruits |Kristian Stout |Shivanghi Sukumar |L. Lynne Kiesling

TL;DR TL;DRBackground: Internet use has soared in the years since the COVID-19 pandemic. Average monthly data usage grew 70% from 344 GB in 2019 to 586 GB in 2022. While only 16% of subscribers were on 200+ Mbps speed tiers in 2019, by 2023, 74% had such speeds, and a third of subscribers had speeds of 1,000 Mbps or more.