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US regulator places Google Payment under supervision, company sues

Signage is seen at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., August 29, 2020. REUTERS/Andrew Kelly/File Photo Purchase Licensing Rights, opens new tabCompaniesDec 6 (Reuters) - The US watchdog for consumer finance on Friday announced it was ordering federal supervision of Google Payment Corp., the internet giant's (GOOGL.O), opens new tab payment arm, a decision the company immediately said it was challenging in court.The Consumer Financial Protectio...

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