The government plans to aggressively audit Medicare Advantage plans for overbilling but may face lawsuits.
Category: Regulation and Deregulation of Industry
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Netherlands and Japan Said to Join U.S. in Curbing China’s Access to Chip Tech
A new agreement is expected to expand the reach of U.S. technology restrictions on China issued last year.
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Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.
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A Federal Court Blocks California’s New Medical Misinformation Law
California’s law sought to punish doctors who give patients false information about Covid-19.
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FDA Seeks More Authority to Oversee CBD Products
The agency wants Congress to intervene, saying it does not have adequate oversight powers to ensure the safety of the myriad cannabidiol products derived from hemp.
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California Voters to Decide on Regulating Fast-Food Industry
Pre-empting a law signed last year, business groups forced a ballot initiative on state oversight of wages and working conditions.
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New Lawsuit Challenges State Bans on Abortion Pills
The case, brought by GenBioPro, a company that makes one of two abortion drugs, argues that it is unconstitutional for a state to bar access to a medication approved by the federal government.
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U.S. Accuses Google of Abusing Monopoly in Ad Technology
The Justice Department’s antitrust lawsuit, which a group of states joined, was the fifth against the company since 2020.
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White House Aims to Reflect the Environment in Economic Data
The Biden administration has set out to measure the economic value of ecosystems, offering new statistics to weigh in policy decisions.
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Genesis, a Crypto Lending Firm, Files for Bankruptcy
Genesis was caught in the fallout of the collapse of FTX, the crypto exchange founded by Sam Bankman-Fried.
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Crypto Lender Nexo Is Fined $45 Million
It’s the latest cryptocurrency company to draw scrutiny from regulators, who are seeking to rein in the industry after the collapse of FTX.