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Primary reason for resolution of Google's lawsuit against CFPB by end of 2025?
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Resolution / Starting Odds
Regulatory overreach • 25%
Compliance failure • 25%
Mutual agreement • 25%
Technicalities • 25%
Court documents or public statements regarding the lawsuit resolution
Story
Google Sues CFPB After Agency Places Google Payment Under Federal Supervision
Dec 6, 2024, 11:32 PM
The Consumer Financial Protection Bureau (CFPB) has placed Google Payment Corp under federal supervision, extending its oversight of nonbank financial platforms and digital consumer payment applications. This move, announced on Friday, subjects Google Payment to the same level of regulatory scrutiny typically imposed on major banks, including regular inspections and rigorous monitoring. It represents a significant step for outgoing Director Rohit Chopra. In response, Google has filed a lawsuit against the CFPB, challenging the agency's decision to establish supervisory authority over its payment operations.
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Legal challenge • 25%
Negotiation • 25%
Compliance • 25%
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Formal supervision imposed • 25%
Google successfully resists • 25%
Compromise reached • 25%
No decision made • 25%
Supervision approved • 25%
Supervision rejected • 25%
Supervision delayed • 25%
Other outcome • 25%
Google wins all cases • 25%
Google loses all cases • 25%
Mixed outcomes • 25%
Cases ongoing • 25%
Yes • 50%
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Contracts limited • 25%
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