United Kingdom: Financial Conduct Authority opened investigation into PayPal over alleged anti-competitive conduct linked to digital wallet funding and usage

Description

Financial Conduct Authority opened investigation into PayPal over alleged anti-competitive conduct linked to digital wallet funding and usage

On 6 May 2026, the Financial Conduct Authority (FCA) opened an investigation into PayPal under the Chapter I prohibition of the Competition Act 1998 concerning suspected anti-competitive conduct related to the funding and use of PayPal’s digital wal…

Scope

Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2026-05-06
under deliberation

On 6 May 2026, the Financial Conduct Authority (FCA) opened an investigation into PayPal under the …