DOJ forces PayPal to scrap DEI business initiative in $30 million settlement
The Justice Department announced Tuesday that PayPal agreed to a roughly $30 million settlement to resolve allegations that the company’s diversity, equity, and inclusion investment initiative illegally favored businesses based on race and national origin.
Under the agreement, PayPal will waive processing fees on roughly $1 billion worth of transactions for eligible small businesses as […]
- DOJ extracts $30m settlement from PayPal over minority-owned business program Engadget —
- PayPal to give up $30M after DOJ accusations of bias in favor of minority-owned businesses The Hill —
- DOJ reaches $30 million deal with PayPal over minority-owned business program ABC News —
- PayPal to waive $30M in fees to settle DOJ probe into 'DEI investment program' Seeking Alpha —
- PayPal Reaches $30M Settlement Over So-Called ‘DEI Program’ That Helped Black-Owned Businesses Gizmodo —