Web5 nov 2024 · Visa Inc. and Plaid Inc. Case Type: Civil Merger Case Violation: Horizontal Merger Monopolization Market: Credit and Debit Card Networks; Financial Transactions … Web5 nov 2024 · The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid. News of the DOJ’s investigation first…
Visa Statement on Planned Acquisition of Plaid
Webing Section.1 In November 2024, the DOJ filed a lawsuit seeking to prevent Visa’s acquisition of Plaid, alleging, “If allowed to proceed, Visa’s proposed acquisition of Plaid would eliminate the nascent competitive threat that an inde-pendently owned Plaid poses to Visa’s monopoly power and Web1 set 2024 · When the DOJ filed their lawsuit to stop the Visa acquisition of Plaid, the main argument against the acquisition was the belief that Plaid represented a direct threat to the Visa debit... check email free
Marcel van Oost on LinkedIn: #fintech #openbanking #plaid # ...
Web6 nov 2024 · Dive Brief: The Department of Justice (DOJ) filed a civil antitrust lawsuit Thursday to stop Visa's $5.3 billion acquisition of data aggregator Plaid, claiming the deal would limit competition in the industry. Reports emerged last month that the department was calling on witnesses in preparation for potential litigation against the deal. Web10 nov 2024 · DOJ Suit Over Visa, Plaid Deal Sounds a Lot Like a Monopoly Case Antitrust The government's lawsuit challenging Visa Inc.'s $5.3 billion acquisition of Plaid Inc. signals that the credit card giant's antitrust headache could further expand to formal charges that Visa has unfairly monopolized the online debt industry. Web12 gen 2024 · Visa and fintech startup Plaid ditched plans for a $5.3 billion merger Tuesday after a Department of Justice antitrust lawsuit had threatened to block the deal. flasher public school flasher nd