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Today In Payments Around The World: China Tests Digital Yuan With Lottery Giveaway; UK Mulls Creation Of New Regulatory Unit

PYMNTS

s leading antitrust watchdog suggested that the nation consider establishing a new regulatory unit that would need to approve any dominant tech firm's acquisition in the nation. American officials are seeking to open up travel between London and New York by the holidays as additional coronavirus tests become available.

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Friday Footnotes: RTO Isn’t Going So Great; KPMG Wins Something; What Auditors? | 5.19.23

Going Concern

GC ] Benjamin Wann, CMA, CSCA, MBA, PMP, CPA wrote a little something about the thing we all love to hate. Morrison & Morrison, with 40-some professionals, said it would merge with New York-based EisnerAmper, which two years ago became the first accounting firm to turn over a stake to a private-equity firm.

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Merchants Gone Wild: The Surcharge Edition

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has been given a new lease on life ever since the New York State Supreme Court decision ruling that merchants could surcharge — thus overruling legislation that prohibited them from doing so. Office of Fair Trading’s (since renamed the CMA) chief economist revealed how damaging these practices were for consumers.

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