PoliticalImpose sanctions2026-05-13🇺🇸

DOJ settlement: PayPal to waive $30 million in fees over minority business probe

source: United States Department of Justice -> target: PayPal, Inc.

On 2026-05-13, the United States Department of Justice reached a settlement with PayPal, Inc. resolving an investigation into PayPal's 2020 investment program for Black and minority-owned businesses. The settlement requires PayPal to waive fees on $1 billion in transactions and launch a new Small Business Initiative, and DOJ said the program had given unlawful preferences to minority-owned businesses.

0.39Significance-8.0Goldstein scale2.0Magnitude0.3Systemic0.4Market2Articles
Location
Washington, DCDistrict of ColumbiaNorth AmericaUnited StatesNorth America38.895, -77.036
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